228 RED CEDAR PL #228 (MLS: T3516495) For Sale

228 RED CEDAR PL #228, (Hillsborough), Brandon Florida 33510

Currently Rented at $1,650.00 / month

Area: -

Property Info

  • MLS T3516495
  • Unit No 228
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 918
  • Foundation Block
  • Min Lease Block
  • HOA Fees $375.22

Interior Features

  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor

Buy Price

$
$179,500.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 7.9%
  • Gross Yield
  • 11%
  • Lease End Date
  • June 30, 2025

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate7.9 Gross Yield11% Annual Rent$19,800.00 Property Taxes$1,180.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,800.00 $1,650.00 / mo $99,000.00 $1,650.00 / mo $198,000.00 $1,650.00 / mo
Estimated Expenses $1,180.00 $5,900.00 $11,800.00
Net Cash Flow $18,620.00 $93,100.00 $186,200.00
HOA Fees $4,502.64 $22,513.20 $45,026.40