2904 HOMASASSA RD (MLS: A4683642) For Sale

2904 HOMASASSA RD, (Sarasota), Sarasota Florida 34239

Currently Rented at $11,000.00 / month

Area: 2221

Property Info

  • MLS A4683642
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2221
  • Living Area (sqft) 1562
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat

Buy Price

$
$595,000.00

Rental Price

$
$11,000.00
  • Cap Rate
  • 21.2%
  • Gross Yield
  • 22.2%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $11,000.00

Cash Flow

Cap Rate21.2 Gross Yield22.2% Annual Rent$132,000.00 Property Taxes$5,895.57 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $132,000.00 $11,000.00 / mo $660,000.00 $11,000.00 / mo $1,320,000.00 $11,000.00 / mo
Estimated Expenses $5,895.57 $29,477.85 $58,955.70
Net Cash Flow $126,104.43 $630,522.15 $1,261,044.30