4370 CHATHAM DR #104 (MLS: A4674307) For Sale

4370 CHATHAM DR #104, (Manatee), Longboat Key Florida 34228

Currently Rented at $6,500.00 / month

Area: 1072

Property Info

  • MLS A4674307
  • Unit No 104
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1072
  • Living Area (sqft) 1072
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,351.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Thermostat
  • Window Treatments

Buy Price

$
$480,000.00

Rental Price

$
$6,500.00
  • Cap Rate
  • 11.8%
  • Gross Yield
  • 16.3%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $6,500.00

Cash Flow

Cap Rate11.8 Gross Yield16.3% Annual Rent$78,000.00 Property Taxes$5,334.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $78,000.00 $6,500.00 / mo $390,000.00 $6,500.00 / mo $780,000.00 $6,500.00 / mo
Estimated Expenses $5,334.00 $26,670.00 $53,340.00
Net Cash Flow $72,666.00 $363,330.00 $726,660.00
HOA Fees $16,212.00 $81,060.00 $162,120.00