3421 Cove Ct E

Winter Haven, FL 33880
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3 bd, 2 ba | 1,260 sqft | Built in 1993

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List Price
$118,484

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,095

Total Return

$92,238

Annualized Return

32.0%

Cap Rate

6.3%

Gross Yield

11.4%

Cash Flow

$336

Appreciation

12.5%
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Features

Occupancy

Occupied

Lease Start

04/15/2016

Lease End

04/14/2017

Lot Size

3,833

HOA

$0/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$12,483

Expenses

-$4,030

Property Taxes

-$1,865

Loan Payments

-$6,252

Net Cash Flow

$336

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