5251 MAHOGANY RUN AVE #526 (MLS: A4677637) For Sale

5251 MAHOGANY RUN AVE #526, (Sarasota), Sarasota Florida 34241

Currently Rented at $4,000.00 / month

Area: 1973

Property Info

  • MLS A4677637
  • Unit No 526
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1973
  • Living Area (sqft) 1684
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,173.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$290,000.00

Rental Price

$
$4,000.00
  • Cap Rate
  • 10.5%
  • Gross Yield
  • 16.6%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $4,000.00

Cash Flow

Cap Rate10.5 Gross Yield16.6% Annual Rent$48,000.00 Property Taxes$3,501.69 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $48,000.00 $4,000.00 / mo $240,000.00 $4,000.00 / mo $480,000.00 $4,000.00 / mo
Estimated Expenses $3,501.69 $17,508.45 $35,016.90
Net Cash Flow $44,498.31 $222,491.55 $444,983.10
HOA Fees $14,076.00 $70,380.00 $140,760.00