947 CONCH RD (MLS: S5122606) For Sale

947 CONCH RD, (Polk), Davenport Florida 33896

Currently Rented at $2,400.00 / month

Area: -

Property Info

  • MLS S5122606
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1622
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $300.00

Interior Features

  • Kitchen/Family Room Combo
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$409,000.00

Rental Price

$
$2,400.00
  • Cap Rate
  • 5%
  • Gross Yield
  • 7%
  • Lease End Date
  • April 30, 2025

  • Rent Amount
  • $2,400.00

Cash Flow

Cap Rate5.0 Gross Yield7% Annual Rent$28,800.00 Property Taxes$4,596.94 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,800.00 $2,400.00 / mo $144,000.00 $2,400.00 / mo $288,000.00 $2,400.00 / mo
Estimated Expenses $4,596.94 $22,984.70 $45,969.40
Net Cash Flow $24,203.06 $121,015.30 $242,030.60
HOA Fees $3,600.00 $18,000.00 $36,000.00