1929 COVE POINT RD (MLS: V4942453) For Sale

1929 COVE POINT RD, (Volusia), Port Orange Florida 32128

Currently Rented at $2,900.00 / month

Area: -

Property Info

  • MLS V4942453
  • Unit No -
  • Bedrooms 5
  • Bathrooms 4
  • Area (sqft) -
  • Living Area (sqft) 2769
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $30.00

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • PrimaryBedroom Upstairs
  • Walk-In Closet(s)

Buy Price

$
$500,000.00

Rental Price

$
$2,900.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 7%
  • Lease End Date
  • June 30, 2025

  • Rent Amount
  • $2,900.00

Cash Flow

Cap Rate5.6 Gross Yield7% Annual Rent$34,800.00 Property Taxes$6,286.39 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $34,800.00 $2,900.00 / mo $174,000.00 $2,900.00 / mo $348,000.00 $2,900.00 / mo
Estimated Expenses $6,286.39 $31,431.95 $62,863.90
Net Cash Flow $28,513.61 $142,568.05 $285,136.10
HOA Fees $360.00 $1,800.00 $3,600.00