3861 59TH AVE #1 (MLS: A4618844) For Sale

3861 59TH AVE #1, (Manatee), Bradenton Florida 34210

Currently Rented at $1,800.00 / month

Area: -

Property Info

  • MLS A4618844
  • Unit No 1
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1056
  • Foundation Block
  • Min Lease Block
  • HOA Fees $425.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Thermostat

Buy Price

$
$199,500.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 7.1%
  • Gross Yield
  • 10.8%
  • Lease End Date
  • January 31, 2025

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate7.1 Gross Yield10.8% Annual Rent$21,600.00 Property Taxes$2,367.00 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 $2,367.00 $11,835.00 $23,670.00
Net Cash Flow $19,233.00 $96,165.00 $192,330.00
HOA Fees $5,100.00 $25,500.00 $51,000.00