5316 53RD AVE E #Q111 (MLS: A4651281) For Sale

5316 53RD AVE E #Q111, (Manatee), Bradenton Florida 34203

Currently Rented at $1,495.00 / month

Area: 1496

Property Info

  • MLS A4651281
  • Unit No Q111
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1496
  • Living Area (sqft) 1056
  • Foundation Crawlspace, Slab
  • Min Lease Crawlspace, Slab
  • HOA Fees $300.00

Interior Features

  • Ceiling Fans(s)
  • Window Treatments

Buy Price

$
$134,900.00

Rental Price

$
$1,495.00
  • Cap Rate
  • 9.4%
  • Gross Yield
  • 13.3%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $1,495.00

Cash Flow

Cap Rate9.4 Gross Yield13.3% Annual Rent$17,940.00 Property Taxes$1,631.99 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $17,940.00 $1,495.00 / mo $89,700.00 $1,495.00 / mo $179,400.00 $1,495.00 / mo
Estimated Expenses $1,631.99 $8,159.95 $16,319.90
Net Cash Flow $16,308.01 $81,540.05 $163,080.10
HOA Fees $3,600.00 $18,000.00 $36,000.00