5281 MAHOGANY RUN AVE #822 (MLS: A4689351) For Sale

5281 MAHOGANY RUN AVE #822, (Sarasota), Sarasota Florida 34241

Currently Rented at $4,000.00 / month

Area: 1675

Property Info

  • MLS A4689351
  • Unit No 822
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1675
  • Living Area (sqft) 1433
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,210.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Chair Rail
  • Dry Bar
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$239,900.00

Rental Price

$
$4,000.00
  • Cap Rate
  • 13.1%
  • Gross Yield
  • 20%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $4,000.00

Cash Flow

Cap Rate13.1 Gross Yield20% Annual Rent$48,000.00 Property Taxes$2,060.14 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $48,000.00 $4,000.00 / mo $240,000.00 $4,000.00 / mo $480,000.00 $4,000.00 / mo
Estimated Expenses $2,060.14 $10,300.70 $20,601.40
Net Cash Flow $45,939.86 $229,699.30 $459,398.60
HOA Fees $14,520.00 $72,600.00 $145,200.00