1871 PALM SPRINGS ST (MLS: A4664526) For Sale

1871 PALM SPRINGS ST, (Sarasota), Sarasota Florida 34234

Currently Rented at $1,500.00 / month

Area: 1518

Property Info

  • MLS A4664526
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1518
  • Living Area (sqft) 696
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat

Buy Price

$
$129,900.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 11.1%
  • Gross Yield
  • 13.9%
  • Lease End Date
  • January 31, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate11.1 Gross Yield13.9% Annual Rent$18,000.00 Property Taxes$3,631.99 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 $3,631.99 $18,159.95 $36,319.90
Net Cash Flow $14,368.01 $71,840.05 $143,680.10