1648 IDLE LN (MLS: A4629256) For Sale

1648 IDLE LN, (Sarasota), Sarasota Florida 34231

Currently Rented at $2,650.00 / month

Area: -

Property Info

  • MLS A4629256
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1388
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Window Treatments

Buy Price

$
$539,000.00

Rental Price

$
$2,650.00
  • Cap Rate
  • 5.1%
  • Gross Yield
  • 5.9%
  • Lease End Date
  • December 31, 2024

  • Rent Amount
  • $2,650.00

Cash Flow

Cap Rate5.1 Gross Yield5.9% Annual Rent$31,800.00 Property Taxes$4,520.92 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,800.00 $2,650.00 / mo $159,000.00 $2,650.00 / mo $318,000.00 $2,650.00 / mo
Estimated Expenses $4,520.92 $22,604.60 $45,209.20
Net Cash Flow $27,279.08 $136,395.40 $272,790.80