611 RIVIERA DUNES WAY #604 (MLS: A4677764) For Sale
611 RIVIERA DUNES WAY #604,
(Manatee),
Palmetto Florida 34221
Currently Rented at $3,700.00 / month
Area: 3968
- MLS A4677764
- Unit No 604
- Bedrooms 3
- Bathrooms 4
- Area (sqft) 3968
- Living Area (sqft) 3663
- Foundation Pillar/Post/Pier
- Min Lease Pillar/Post/Pier
- HOA Fees $1,737.67
- Ceiling Fans(s)
- High Ceilings
- Open Floorplan
- Solid Wood Cabinets
- Split Bedroom
- Stone Counters
- Walk-In Closet(s)
- Window Treatments
Cash Flow
|
Cap Rate0.6
|
Gross Yield4.5%
|
Annual Rent$44,400.00
|
Property Taxes$17,882.00
|
Operating Expenses0
|
|
|
|
|
Year 1 |
Year 5 |
Year 10 |
| Expected Rent |
|
|
|
$44,400.00 $3,700.00 / mo
|
$222,000.00 $3,700.00 / mo
|
$444,000.00 $3,700.00 / mo
|
| Estimated Expenses |
|
|
|
$17,882.00 |
$89,410.00 |
$178,820.00 |
| Net Cash Flow |
|
|
|
$26,518.00 |
$132,590.00 |
$265,180.00 |
| HOA Fees |
|
|
|
$20,852.04 |
$104,260.20 |
$208,520.40 |
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