2832 NOVUS ST (MLS: A4670673) For Sale

2832 NOVUS ST, (Sarasota), Sarasota Florida 34237

Currently Rented at $5,000.00 / month

Area: 1710

Property Info

  • MLS A4670673
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1710
  • Living Area (sqft) 1262
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Solid Surface Counters
  • Stone Counters
  • Thermostat
  • Vaulted Ceiling(s)
  • Window Treatments

Buy Price

$
$379,000.00

Rental Price

$
$5,000.00
  • Cap Rate
  • 14.6%
  • Gross Yield
  • 15.8%
  • Lease End Date
  • May 17, 2026

  • Rent Amount
  • $5,000.00

Cash Flow

Cap Rate14.6 Gross Yield15.8% Annual Rent$60,000.00 Property Taxes$4,767.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $60,000.00 $5,000.00 / mo $300,000.00 $5,000.00 / mo $600,000.00 $5,000.00 / mo
Estimated Expenses $4,767.00 $23,835.00 $47,670.00
Net Cash Flow $55,233.00 $276,165.00 $552,330.00