887 LAKE HILL WAY (MLS: V4947641) For Sale

887 LAKE HILL WAY, (Volusia), Deland Florida 32724

Currently Rented at $2,600.00 / month

Area: 2428

Property Info

  • MLS V4947641
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2428
  • Living Area (sqft) 2038
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $245.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Dry Bar
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Pest Guard System
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$535,000.00

Rental Price

$
$2,600.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 5.8%
  • Lease End Date
  • July 31, 2026
  • Rent Amount

  • $2,600.00

Cash Flow

Cap Rate5.3 Gross Yield5.8% Annual Rent$31,200.00 Property Taxes$0.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,200.00 $2,600.00 / mo $156,000.00 $2,600.00 / mo $312,000.00 $2,600.00 / mo
Estimated Expenses $0.00 0 0
Net Cash Flow $31,200.00 $156,000.00 $312,000.00
HOA Fees $2,940.00 $14,700.00 $29,400.00

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