723 MICHIGAN CT #3 (MLS: S5122985) For Sale

723 MICHIGAN CT #3, (Osceola), Saint Cloud Florida 34769

Currently Rented at $1,500.00 / month

Area: -

Property Info

  • MLS S5122985
  • Unit No 3
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 784
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $300.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen

Buy Price

$
$147,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 8.4%
  • Gross Yield
  • 12.2%
  • Lease End Date
  • -

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate8.4 Gross Yield12.2% Annual Rent$18,000.00 Property Taxes$2,115.42 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $2,115.42 $10,577.10 $21,154.20
Net Cash Flow $15,884.58 $79,422.90 $158,845.80
HOA Fees $3,600.00 $18,000.00 $36,000.00