23 CIELO CT (MLS: A4678427) For Sale

23 CIELO CT, (Sarasota), Englewood Florida 34223

Currently Rented at $3,500.00 / month

Area: 1000

Property Info

  • MLS A4678427
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1000
  • Living Area (sqft) 800
  • Foundation Crawlspace, Pillar/Post/Pier
  • Min Lease Crawlspace, Pillar/Post/Pier
  • HOA Fees $115.00

Interior Features

  • Ninguno

Buy Price

$
$380,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 10%
  • Gross Yield
  • 11.1%
  • Lease End Date
  • April 30, 2029

  • Rent Amount
  • $3,500.00

Cash Flow

Cap Rate10.0 Gross Yield11.1% Annual Rent$42,000.00 Property Taxes$2,559.71 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $2,559.71 $12,798.55 $25,597.10
Net Cash Flow $39,440.29 $197,201.45 $394,402.90
HOA Fees $1,380.00 $6,900.00 $13,800.00