6707 THORMAN RD (MLS: TB8354897) For Sale

6707 THORMAN RD, (Charlotte), Port Charlotte Florida 33981

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS TB8354897
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1050
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $39.17

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$239,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 8.3%
  • Gross Yield
  • 10%
  • Lease End Date
  • May 31, 2025

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate8.3 Gross Yield10% Annual Rent$24,000.00 Property Taxes$3,709.31 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $3,709.31 $18,546.55 $37,093.10
Net Cash Flow $20,290.69 $101,453.45 $202,906.90
HOA Fees $470.04 $2,350.20 $4,700.40