4118 CENTRAL SARASOTA PKWY #1615 (MLS: A4595982) For Sale

4118 CENTRAL SARASOTA PKWY #1615, (Sarasota), Sarasota Florida 34238

Currently Rented at $1,800.00 / month

Area: -

Property Info

  • MLS A4595982
  • Unit No 1615
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 759
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $492.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Solid Wood Cabinets
  • Stone Counters
  • Window Treatments

Buy Price

$
$279,900.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 4.9%
  • Gross Yield
  • 7.7%
  • Lease End Date
  • May 31, 2025

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate4.9 Gross Yield7.7% Annual Rent$21,600.00 Property Taxes$1,899.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $1,899.00 $9,495.00 $18,990.00
Net Cash Flow $19,701.00 $98,505.00 $197,010.00
HOA Fees $5,904.00 $29,520.00 $59,040.00