3658 LAKE BAYSHORE DR #320 (MLS: A4641793) For Sale

3658 LAKE BAYSHORE DR #320, (Manatee), Bradenton Florida 34205

Currently Rented at $1,500.00 / month

Area: -

Property Info

  • MLS A4641793
  • Unit No 320
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1144
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $575.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$157,999.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 6.6%
  • Gross Yield
  • 11.4%
  • Lease End Date
  • March 31, 2025

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate6.6 Gross Yield11.4% Annual Rent$18,000.00 Property Taxes$676.87 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $676.87 $3,384.35 $6,768.70
Net Cash Flow $17,323.13 $86,615.65 $173,231.30
HOA Fees $6,900.00 $34,500.00 $69,000.00