5321 SUMMERLIN RD #2108 (MLS: TB8385174) For Sale

5321 SUMMERLIN RD #2108, (Lee), Fort Myers Florida 33919

Currently Rented at $1,300.00 / month

Area: -

Property Info

  • MLS TB8385174
  • Unit No 2108
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1018
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $490.67

Interior Features

  • Kitchen/Family Room Combo
  • Open Floorplan

Buy Price

$
$154,990.00

Rental Price

$
$1,300.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 10.1%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $1,300.00

Cash Flow

Cap Rate5.3 Gross Yield10.1% Annual Rent$15,600.00 Property Taxes$1,447.88 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $15,600.00 $1,300.00 / mo $78,000.00 $1,300.00 / mo $156,000.00 $1,300.00 / mo
Estimated Expenses $1,447.88 $7,239.40 $14,478.80
Net Cash Flow $14,152.12 $70,760.60 $141,521.20
HOA Fees $5,888.04 $29,440.20 $58,880.40