360 CANAL RD (MLS: A4532582) For Sale

360 CANAL RD, (Sarasota), Sarasota Florida 34242

Currently Rented at $266,666.00 / month

Area: -

Property Info

  • MLS A4532582
  • Unit No -
  • Bedrooms 6
  • Bathrooms 4
  • Area (sqft) -
  • Living Area (sqft) 3156
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Open Floorplan
  • Stone Counters
  • Window Treatments

Buy Price

$
$3,960,000.00

Rental Price

$
$266,666.00
  • Cap Rate
  • 80.5%
  • Gross Yield
  • 80.8%
  • Lease End Date
  • December 31, 2023

  • Rent Amount
  • $266,666.00

Cash Flow

Cap Rate80.5 Gross Yield80.8% Annual Rent$3,199,992.00 Property Taxes$13,188.30 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $3,199,992.00 $266,666.00 / mo $15,999,960.00 $266,666.00 / mo $31,999,920.00 $266,666.00 / mo
Estimated Expenses $13,188.30 $65,941.50 $131,883.00
Net Cash Flow $3,186,803.70 $15,934,018.50 $31,868,037.00