5586 CHANTECLAIRE #2 (MLS: A4631353) For Sale

5586 CHANTECLAIRE #2, (Sarasota), Sarasota Florida 34235

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS A4631353
  • Unit No 2
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1416
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,910.18

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$325,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • -0.8%
  • Gross Yield
  • 7.4%
  • Lease End Date
  • January 31, 2025

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate-0.8 Gross Yield7.4% Annual Rent$24,000.00 Property Taxes$3,702.88 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 $3,702.88 $18,514.40 $37,028.80
Net Cash Flow $20,297.12 $101,485.60 $202,971.20
HOA Fees $22,922.16 $114,610.80 $229,221.60