8697 MILESTONE DR (MLS: A4657844) For Sale

8697 MILESTONE DR, (Sarasota), Sarasota Florida 34238

Currently Rented at $2,800.00 / month

Area: -

Property Info

  • MLS A4657844
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1819
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $290.00

Interior Features

  • High Ceilings
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$419,000.00

Rental Price

$
$2,800.00
  • Cap Rate
  • 6.1%
  • Gross Yield
  • 8%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $2,800.00

Cash Flow

Cap Rate6.1 Gross Yield8% Annual Rent$33,600.00 Property Taxes$4,464.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,600.00 $2,800.00 / mo $168,000.00 $2,800.00 / mo $336,000.00 $2,800.00 / mo
Estimated Expenses $4,464.00 $22,320.00 $44,640.00
Net Cash Flow $29,136.00 $145,680.00 $291,360.00
HOA Fees $3,480.00 $17,400.00 $34,800.00