620 N EAST AVE (MLS: A4687425) For Sale

620 N EAST AVE, (Sarasota), Sarasota Florida 34237

Currently Rented at $1,745.00 / month

Area: 852

Property Info

  • MLS A4687425
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 852
  • Living Area (sqft) 852
  • Foundation Concrete Perimeter, Crawlspace
  • Min Lease Concrete Perimeter, Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Primary Bedroom Main Floor
  • Thermostat

Buy Price

$
$399,777.00

Rental Price

$
$1,745.00
  • Cap Rate
  • 4.4%
  • Gross Yield
  • 5.2%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $1,745.00

Cash Flow

Cap Rate4.4 Gross Yield5.2% Annual Rent$20,940.00 Property Taxes$3,424.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,940.00 $1,745.00 / mo $104,700.00 $1,745.00 / mo $209,400.00 $1,745.00 / mo
Estimated Expenses $3,424.00 $17,120.00 $34,240.00
Net Cash Flow $17,516.00 $87,580.00 $175,160.00