227 ORCHID DR (MLS: S5148935) For Sale

227 ORCHID DR, (Polk), Davenport Florida 33897

Currently Rented at $2,850.00 / month

Area: 2406

Property Info

  • MLS S5148935
  • Unit No -
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) 2406
  • Living Area (sqft) 2406
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $230.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$337,000.00

Rental Price

$
$2,850.00
  • Cap Rate
  • 8.3%
  • Gross Yield
  • 10.1%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $2,850.00

Cash Flow

Cap Rate8.3 Gross Yield10.1% Annual Rent$34,200.00 Property Taxes$3,434.05 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $34,200.00 $2,850.00 / mo $171,000.00 $2,850.00 / mo $342,000.00 $2,850.00 / mo
Estimated Expenses $3,434.05 $17,170.25 $34,340.50
Net Cash Flow $30,765.95 $153,829.75 $307,659.50
HOA Fees $2,760.00 $13,800.00 $27,600.00