10315 CORTEZ RD #60-4 (MLS: A4681883) For Sale

10315 CORTEZ RD #60-4, (Manatee), Bradenton Florida 34210

Currently Rented at $1,500.00 / month

Area: 432

Property Info

  • MLS A4681883
  • Unit No 60-4
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 432
  • Living Area (sqft) 432
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $180.00

Interior Features

  • Built-in Features
  • Living Room/Dining Room Combo
  • Open Floorplan

Buy Price

$
$135,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 10.5%
  • Gross Yield
  • 13.3%
  • Lease End Date
  • December 10, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate10.5 Gross Yield13.3% Annual Rent$18,000.00 Property Taxes$1,615.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,615.00 $8,075.00 $16,150.00
Net Cash Flow $16,385.00 $81,925.00 $163,850.00
HOA Fees $2,160.00 $10,800.00 $21,600.00