1256 ROMANI AVE (MLS: S5145469) For Sale

1256 ROMANI AVE, (Polk), Davenport Florida 33896

Currently Rented at $1,950.00 / month

Area: 1504

Property Info

  • MLS S5145469
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1504
  • Living Area (sqft) 1504
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $438.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$230,000.00

Rental Price

$
$1,950.00
  • Cap Rate
  • 6.3%
  • Gross Yield
  • 10.2%
  • Lease End Date
  • September 30, 2027
  • Rent Amount

  • $1,950.00

Cash Flow

Cap Rate6.3 Gross Yield10.2% Annual Rent$23,400.00 Property Taxes$3,567.17 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,400.00 $1,950.00 / mo $117,000.00 $1,950.00 / mo $234,000.00 $1,950.00 / mo
Estimated Expenses $3,567.17 $17,835.85 $35,671.70
Net Cash Flow $19,832.83 $99,164.15 $198,328.30
HOA Fees $5,256.00 $26,280.00 $52,560.00

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