2141 Hunters Greene Dr-Lakeland-33810, Polk

2141 Hunters Greene Dr

Lakeland, FL 33810

3 bd, 2 ba | 1,480 sqft | Built in 2001

List Price

$162,000

Initial Investment

$45,682

Purchase Price

$161,750

Down Payment

25%

Rent

$1,250

Total Return

$97,411

Annualized Return

25.4%

Cap Rate

5.4%

Gross Yield

9.3%

Cash Flow

-$680

Appreciation

10.5%

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Features

Occupancy

Occupied

Lease Start

06/04/2019

Lease End

05/31/2021

Lot Size

7,501

HOA

$25/mo

Flood Risk

Not Required

Nov 2019 Roof Replaced

Professionally managed by Remax Paramount Properties

Tenant occupied through May 2021

MARKETS

NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,837

Property Taxes

-$2,300

Loan Payments

-$8,794

Net Cash Flow

-$680

See more in Financials

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