710 NW 2ND LN (MLS: TB8484924) For Sale

710 NW 2ND LN, (Lee), Cape Coral Florida 33993

Currently Rented at $2,500.00 / month

Area: 2628

Property Info

  • MLS TB8484924
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2628
  • Living Area (sqft) 1869
  • Foundation Block
  • Min Lease Block

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat

Buy Price

$
$359,999.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 8.3%
  • Lease End Date
  • April 30, 2026
  • Rent Amount

  • $2,500.00

Cash Flow

Cap Rate6.4 Gross Yield8.3% Annual Rent$30,000.00 Property Taxes$7,092.98 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $7,092.98 $35,464.90 $70,929.80
Net Cash Flow $22,907.02 $114,535.10 $229,070.20

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