6121 Rainbow Circle, FL 33463 — MLS photo

Active · SingleFamilyResidence

$399,000

6121 Rainbow Circle, FL 33463

Beds: 2
Baths: 2
Living area: 1,474 sq ft
$ / sq ft: $271/sq ft
Year built: 1981
Lot size: 8,250 sq ft
HOA fee: $254 Monthly
Annual tax: $5,539

Property location

6121 Rainbow Circle, FL 33463

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 2
Living area: 1,474 sq ft
Flooring: Carpet, Ceramic Tile
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling: Central Air, Ceiling Fans
Heating: Central
Interior features: Breakfast Area, Dining Area, Separate Formal Dining Room, Entrance Foyer, Split Bedrooms, Shower Only, Walk In Closets, Pantry
Furnished: Unfurnished

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1981
Stories: 1
Lot size: 8,250 sq ft
Architectural style: Ranch, One Story
Roof: Composition, Shingle
Construction: CBSConcrete Block Structure, Block
Exterior features: Patio, Storm Security Shutters
Pool: None, Association, Community

Parking

Garage spaces: 1
Covered spaces: 1
Parking features: Attached, Driveway, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee: $254 Monthly
Fee inclusions: Common Area Maintenance, Cable Tv, Recreation Facilities
Amenities: Clubhouse, Barbecue, Picnic Area, Pool
Security: Smoke Detectors
Pets allowed: No
Annual tax: $5,539
Subdivision: LUCERNE HOMES EAST 2
County: Palm Beach
Days on market: 168
MLS listing ID: B26026581
Listing status: Active

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Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

$535

Cap rate: 7.3%
Net yield: 7.3%
Cash-on-cash return: 5.7%
Gross yield: 11.3%
Mortgage payment: $1,891/mo
Down payment: $99,750
Loan amount: $299,250
Annual NOI: $29,120

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.