3421 Cove Ct E

Winter Haven, FL 33880
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3 bd, 2.5 ba | 1,260 sqft | Built in 1993

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List Price
$129,000

Initial Investment

$33,245

Purchase Price

$122,000

Down Payment

25%

Rent

$1,161

Total Return

$86,956

Annualized Return

28.0%

Cap Rate

4.6%

Gross Yield

11.4%

Cash Flow

-$1,702

Appreciation

12.5%
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Features

Occupancy

Occupied

Lease Start

04/15/2016

Lease End

03/31/2018

Lot Size

3,833

HOA

$10/mo

Flood Risk

High Risk - Zone AE


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Annual Financial Highlights

Expected Rent

$13,235

Expenses

-$6,245

Property Taxes

-$2,060

Loan Payments

-$6,633

Net Cash Flow

-$1,702

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