2244 PALM TER (MLS: A4684326) For Sale

2244 PALM TER, (Sarasota), Sarasota Florida 34231

Currently Rented at $3,800.00 / month

Area: 1750

Property Info

  • MLS A4684326
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1750
  • Living Area (sqft) 1680
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Solid Surface Counters

Buy Price

$
$595,000.00

Rental Price

$
$3,800.00
  • Cap Rate
  • 6.8%
  • Gross Yield
  • 7.7%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $3,800.00

Cash Flow

Cap Rate6.8 Gross Yield7.7% Annual Rent$45,600.00 Property Taxes$5,134.52 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $45,600.00 $3,800.00 / mo $228,000.00 $3,800.00 / mo $456,000.00 $3,800.00 / mo
Estimated Expenses $5,134.52 $25,672.60 $51,345.20
Net Cash Flow $40,465.48 $202,327.40 $404,654.80