1119 40TH ST (MLS: A4686789) For Sale

1119 40TH ST, (Sarasota), Sarasota Florida 34234

Currently Rented at $2,500.00 / month

Area: 2172

Property Info

  • MLS A4686789
  • Unit No -
  • Bedrooms 3
  • Bathrooms 1
  • Area (sqft) 2172
  • Living Area (sqft) 1252
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Thermostat

Buy Price

$
$324,999.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 7.9%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • -

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate7.9 Gross Yield9.2% Annual Rent$30,000.00 Property Taxes$4,211.14 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $4,211.14 $21,055.70 $42,111.40
Net Cash Flow $25,788.86 $128,944.30 $257,888.60