1016 CASCADE DR (MLS: S5128698) For Sale

1016 CASCADE DR, (Polk), Davenport Florida 33837

Currently Rented at $2,900.00 / month

Area: -

Property Info

  • MLS S5128698
  • Unit No -
  • Bedrooms 4
  • Bathrooms 4
  • Area (sqft) -
  • Living Area (sqft) 3280
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $12.50

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • In Wall Pest System
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • PrimaryBedroom Upstairs
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$550,000.00

Rental Price

$
$2,900.00
  • Cap Rate
  • 4.8%
  • Gross Yield
  • 6.3%
  • Lease End Date
  • September 30, 2025

  • Rent Amount
  • $2,900.00

Cash Flow

Cap Rate4.8 Gross Yield6.3% Annual Rent$34,800.00 Property Taxes$8,012.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $34,800.00 $2,900.00 / mo $174,000.00 $2,900.00 / mo $348,000.00 $2,900.00 / mo
Estimated Expenses $8,012.00 $40,060.00 $80,120.00
Net Cash Flow $26,788.00 $133,940.00 $267,880.00
HOA Fees $150.00 $750.00 $1,500.00