4111 IOLA DR (MLS: A4658175) For Sale

4111 IOLA DR, (Sarasota), Sarasota Florida 34231

Currently Rented at $2,600.00 / month

Area: -

Property Info

  • MLS A4658175
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1372
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • L Dining
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$460,000.00

Rental Price

$
$2,600.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 6.8%
  • Lease End Date
  • July 01, 2025

  • Rent Amount
  • $2,600.00

Cash Flow

Cap Rate5.7 Gross Yield6.8% Annual Rent$31,200.00 Property Taxes$4,859.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,200.00 $2,600.00 / mo $156,000.00 $2,600.00 / mo $312,000.00 $2,600.00 / mo
Estimated Expenses $4,859.00 $24,295.00 $48,590.00
Net Cash Flow $26,341.00 $131,705.00 $263,410.00