4035 S SCHOOL AVE #C3 (MLS: A4665060) For Sale

4035 S SCHOOL AVE #C3, (Sarasota), Sarasota Florida 34231

Currently Rented at $1,535.00 / month

Area: 561

Property Info

  • MLS A4665060
  • Unit No C3
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 561
  • Living Area (sqft) 561
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $595.00

Interior Features

  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$108,000.00

Rental Price

$
$1,535.00
  • Cap Rate
  • 8.9%
  • Gross Yield
  • 17.1%
  • Lease End Date
  • -

  • Rent Amount
  • $1,535.00

Cash Flow

Cap Rate8.9 Gross Yield17.1% Annual Rent$18,420.00 Property Taxes$1,669.82 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,420.00 $1,535.00 / mo $92,100.00 $1,535.00 / mo $184,200.00 $1,535.00 / mo
Estimated Expenses $1,669.82 $8,349.10 $16,698.20
Net Cash Flow $16,750.18 $83,750.90 $167,501.80
HOA Fees $7,140.00 $35,700.00 $71,400.00