7420 NEWHAM LN (MLS: A4680616) For Sale

7420 NEWHAM LN, (Sarasota), Sarasota Florida 34240

Currently Rented at $4,695.00 / month

Area: 3323

Property Info

  • MLS A4680616
  • Unit No -
  • Bedrooms 3
  • Bathrooms 4
  • Area (sqft) 3323
  • Living Area (sqft) 2355
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $400.00

Interior Features

  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Solid Wood Cabinets
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$999,000.00

Rental Price

$
$4,695.00
  • Cap Rate
  • 4%
  • Gross Yield
  • 5.6%
  • Lease End Date
  • August 31, 2026
  • Rent Amount

  • $4,695.00

Cash Flow

Cap Rate4.0 Gross Yield5.6% Annual Rent$56,340.00 Property Taxes$11,229.80 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $56,340.00 $4,695.00 / mo $281,700.00 $4,695.00 / mo $563,400.00 $4,695.00 / mo
Estimated Expenses $11,229.80 $56,149.00 $112,298.00
Net Cash Flow $45,110.20 $225,551.00 $451,102.00
HOA Fees $4,800.00 $24,000.00 $48,000.00

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