2818 E MICHIGAN ST (MLS: S5150808) For Sale

2818 E MICHIGAN ST, (Orange), Orlando Florida 32806

Currently Rented at $2,550.00 / month

Area: 1757

Property Info

  • MLS S5150808
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1757
  • Living Area (sqft) 1449
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Primary Bedroom Main Floor
  • Walk-In Closet(s)

Buy Price

$
$435,900.00

Rental Price

$
$2,550.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 7%
  • Lease End Date
  • June 30, 2027
  • Rent Amount

  • $2,550.00

Cash Flow

Cap Rate5.6 Gross Yield7% Annual Rent$30,600.00 Property Taxes$6,000.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,600.00 $2,550.00 / mo $153,000.00 $2,550.00 / mo $306,000.00 $2,550.00 / mo
Estimated Expenses $6,000.00 $30,000.00 $60,000.00
Net Cash Flow $24,600.00 $123,000.00 $246,000.00

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