4381 PUMICE DR (MLS: TB8355018) For Sale

4381 PUMICE DR, (Polk), Lakeland Florida 33811

Currently Rented at $3,500.00 / month

Area: -

Property Info

  • MLS TB8355018
  • Unit No -
  • Bedrooms 5
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 2969
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $13.17

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Open Floorplan
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$459,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 7.4%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • March 31, 2025

  • Rent Amount
  • $3,500.00

Cash Flow

Cap Rate7.4 Gross Yield9.2% Annual Rent$42,000.00 Property Taxes$8,095.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $8,095.00 $40,475.00 $80,950.00
Net Cash Flow $33,905.00 $169,525.00 $339,050.00
HOA Fees $158.04 $790.20 $1,580.40