540 CENTRAL RIDGE LN (MLS: TB8518023) For Sale

540 CENTRAL RIDGE LN, (Polk), Frostproof Florida 33843

Currently Rented at $2,000.00 / month

Area: 1965

Property Info

  • MLS TB8518023
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 1965
  • Living Area (sqft) 1965
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $33.00

Interior Features

  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Stone Counters
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$260,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 7.4%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • March 17, 2027

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate7.4 Gross Yield9.2% Annual Rent$24,000.00 Property Taxes$4,439.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $4,439.00 $22,195.00 $44,390.00
Net Cash Flow $19,561.00 $97,805.00 $195,610.00
HOA Fees $396.00 $1,980.00 $3,960.00