1235 MORGAN DR (MLS: TB8501961) For Sale

1235 MORGAN DR, (Polk), Lakeland Florida 33801

Currently Rented at $1,905.00 / month

Area: 1292

Property Info

  • MLS TB8501961
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 1292
  • Living Area (sqft) 1146
  • Foundation Block
  • Min Lease Block

Interior Features

  • Ninguno

Buy Price

$
$199,990.00

Rental Price

$
$1,905.00
  • Cap Rate
  • 10%
  • Gross Yield
  • 11.4%
  • Lease End Date
  • July 31, 2027
  • Rent Amount

  • $1,905.00

Cash Flow

Cap Rate10.0 Gross Yield11.4% Annual Rent$22,860.00 Property Taxes$2,814.58 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,860.00 $1,905.00 / mo $114,300.00 $1,905.00 / mo $228,600.00 $1,905.00 / mo
Estimated Expenses $2,814.58 $14,072.90 $28,145.80
Net Cash Flow $20,045.42 $100,227.10 $200,454.20

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