2304 RINGLING BLVD #100 (MLS: A4662258) For Sale

2304 RINGLING BLVD #100, (Sarasota), Sarasota Florida 34237

Currently Rented at $1,300.00 / month

Area: 582

Property Info

  • MLS A4662258
  • Unit No 100
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 582
  • Living Area (sqft) 552
  • Foundation Block
  • Min Lease Block
  • HOA Fees $315.00

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan

Buy Price

$
$160,000.00

Rental Price

$
$1,300.00
  • Cap Rate
  • 6.1%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • August 31, 2025

  • Rent Amount
  • $1,300.00

Cash Flow

Cap Rate6.1 Gross Yield9.8% Annual Rent$15,600.00 Property Taxes$2,109.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $15,600.00 $1,300.00 / mo $78,000.00 $1,300.00 / mo $156,000.00 $1,300.00 / mo
Estimated Expenses $2,109.00 $10,545.00 $21,090.00
Net Cash Flow $13,491.00 $67,455.00 $134,910.00
HOA Fees $3,780.00 $18,900.00 $37,800.00