1552 STICKNEY POINT RD #403 (MLS: A4634781) For Sale

1552 STICKNEY POINT RD #403, (Sarasota), Sarasota Florida 34231

Currently Rented at $2,500.00 / month

Area: 1974

Property Info

  • MLS A4634781
  • Unit No 403
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1974
  • Living Area (sqft) 1270
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,007.00

Interior Features

  • Solid Wood Cabinets
  • Tray Ceiling(s)
  • Window Treatments
  • Ceiling Fans(s)
  • Crown Molding
  • Living Room/Dining Room Combo
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$695,000.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 1.9%
  • Gross Yield
  • 4.3%
  • Lease End Date
  • -

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate1.9 Gross Yield4.3% Annual Rent$30,000.00 Property Taxes$4,591.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $4,591.00 $22,955.00 $45,910.00
Net Cash Flow $25,409.00 $127,045.00 $254,090.00
HOA Fees $12,084.00 $60,420.00 $120,840.00