5707 MERRIMAC DR (MLS: A4613489) For Sale

5707 MERRIMAC DR, (Sarasota), Sarasota Florida 34231

Currently Rented at $3,035.00 / month

Area: -

Property Info

  • MLS A4613489
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1875
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Primary Bedroom Main Floor
  • Thermostat
  • Window Treatments

Buy Price

$
$508,000.00

Rental Price

$
$3,035.00
  • Cap Rate
  • 6.3%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • -

  • Rent Amount
  • $3,035.00

Cash Flow

Cap Rate6.3 Gross Yield7.2% Annual Rent$36,420.00 Property Taxes$4,557.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,420.00 $3,035.00 / mo $182,100.00 $3,035.00 / mo $364,200.00 $3,035.00 / mo
Estimated Expenses $4,557.00 $22,785.00 $45,570.00
Net Cash Flow $31,863.00 $159,315.00 $318,630.00