3507 LONGMEADOW #4 (MLS: A4684989) For Sale

3507 LONGMEADOW #4, (Sarasota), Sarasota Florida 34235

Currently Rented at $1,450.00 / month

Area: 528

Property Info

  • MLS A4684989
  • Unit No 4
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 528
  • Living Area (sqft) 428
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $393.33

Interior Features

  • Primary Bedroom Main Floor

Buy Price

$
$219,900.00

Rental Price

$
$1,450.00
  • Cap Rate
  • 4.7%
  • Gross Yield
  • 7.9%
  • Lease End Date
  • March 31, 2027
  • Rent Amount

  • $1,450.00

Cash Flow

Cap Rate4.7 Gross Yield7.9% Annual Rent$17,400.00 Property Taxes$2,359.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $17,400.00 $1,450.00 / mo $87,000.00 $1,450.00 / mo $174,000.00 $1,450.00 / mo
Estimated Expenses $2,359.00 $11,795.00 $23,590.00
Net Cash Flow $15,041.00 $75,205.00 $150,410.00
HOA Fees $4,719.96 $23,599.80 $47,199.60

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