6515 BIG BAYOU DR (MLS: A4685060) For Sale

6515 BIG BAYOU DR, (Sarasota), Sarasota Florida 34241

Currently Rented at $2,975.00 / month

Area: 2439

Property Info

  • MLS A4685060
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2439
  • Living Area (sqft) 1775
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $312.05

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • In Wall Pest System
  • Open Floorplan
  • Other
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Stone Counters
  • Tray Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$558,499.00

Rental Price

$
$2,975.00
  • Cap Rate
  • 4.6%
  • Gross Yield
  • 6.4%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $2,975.00

Cash Flow

Cap Rate4.6 Gross Yield6.4% Annual Rent$35,700.00 Property Taxes$6,280.90 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $35,700.00 $2,975.00 / mo $178,500.00 $2,975.00 / mo $357,000.00 $2,975.00 / mo
Estimated Expenses $6,280.90 $31,404.50 $62,809.00
Net Cash Flow $29,419.10 $147,095.50 $294,191.00
HOA Fees $3,744.60 $18,723.00 $37,446.00