1111 LONGFELLOW RD #1111 (MLS: A4623512) For Sale

1111 LONGFELLOW RD #1111, (Manatee), Sarasota Florida 34243

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS A4623512
  • Unit No 1111
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1152
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $476.00

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan

Buy Price

$
$220,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 10.9%
  • Lease End Date
  • June 01, 2025

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate7.2 Gross Yield10.9% Annual Rent$24,000.00 Property Taxes$2,407.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $2,407.00 $12,035.00 $24,070.00
Net Cash Flow $21,593.00 $107,965.00 $215,930.00
HOA Fees $5,712.00 $28,560.00 $57,120.00