6525 GARLAND ST (MLS: S5158752) For Sale

6525 GARLAND ST, (Lee), Fort Myers Florida 33966

Currently Rented at $2,350.00 / month

Area: 2138

Property Info

  • MLS S5158752
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2138
  • Living Area (sqft) 1573
  • Foundation Block, Slab
  • Min Lease Block, Slab

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$429,000.00

Rental Price

$
$2,350.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 6.6%
  • Lease End Date
  • October 31, 2026
  • Rent Amount

  • $2,350.00

Cash Flow

Cap Rate5.5 Gross Yield6.6% Annual Rent$28,200.00 Property Taxes$4,674.80 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,200.00 $2,350.00 / mo $141,000.00 $2,350.00 / mo $282,000.00 $2,350.00 / mo
Estimated Expenses $4,674.80 $23,374.00 $46,748.00
Net Cash Flow $23,525.20 $117,626.00 $235,252.00

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