2544 1ST ST #107 (MLS: TB8423744) For Sale

2544 1ST ST #107, (Lee), Fort Myers Florida 33901

Currently Rented at $1,000.00 / month

Area: 882

Property Info

  • MLS TB8423744
  • Unit No 107
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 882
  • Living Area (sqft) 882
  • Foundation Block
  • Min Lease Block
  • HOA Fees $711.00

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat

Buy Price

$
$179,900.00

Rental Price

$
$1,000.00
  • Cap Rate
  • 1%
  • Gross Yield
  • 6.7%
  • Lease End Date
  • August 01, 2026

  • Rent Amount
  • $1,000.00

Cash Flow

Cap Rate1.0 Gross Yield6.7% Annual Rent$12,000.00 Property Taxes$1,713.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,000.00 $1,000.00 / mo $60,000.00 $1,000.00 / mo $120,000.00 $1,000.00 / mo
Estimated Expenses $1,713.00 $8,565.00 $17,130.00
Net Cash Flow $10,287.00 $51,435.00 $102,870.00
HOA Fees $8,532.00 $42,660.00 $85,320.00