3630 NE 8TH PL #304 (MLS: S5143044) For Sale

3630 NE 8TH PL #304, (Marion), Ocala Florida 34470

Currently Rented at $1,500.00 / month

Area: 1040

Property Info

  • MLS S5143044
  • Unit No 304
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1040
  • Living Area (sqft) 1040
  • Foundation Other
  • Min Lease Other
  • HOA Fees $235.00

Interior Features

  • Other

Buy Price

$
$149,999.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 8.7%
  • Gross Yield
  • 12%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate8.7 Gross Yield12% Annual Rent$18,000.00 Property Taxes$2,192.36 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 $2,192.36 $10,961.80 $21,923.60
Net Cash Flow $15,807.64 $79,038.20 $158,076.40
HOA Fees $2,820.00 $14,100.00 $28,200.00