5370 HYLAND HILLS AVE #2721 (MLS: A4628195) For Sale

5370 HYLAND HILLS AVE #2721, (Sarasota), Sarasota Florida 34241

Currently Rented at $5,000.00 / month

Area: -

Property Info

  • MLS A4628195
  • Unit No 2721
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1684
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,071.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$357,500.00

Rental Price

$
$5,000.00
  • Cap Rate
  • 12.1%
  • Gross Yield
  • 16.8%
  • Lease End Date
  • March 31, 2025

  • Rent Amount
  • $5,000.00

Cash Flow

Cap Rate12.1 Gross Yield16.8% Annual Rent$60,000.00 Property Taxes$3,766.97 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $60,000.00 $5,000.00 / mo $300,000.00 $5,000.00 / mo $600,000.00 $5,000.00 / mo
Estimated Expenses $3,766.97 $18,834.85 $37,669.70
Net Cash Flow $56,233.03 $281,165.15 $562,330.30
HOA Fees $12,852.00 $64,260.00 $128,520.00