6515 GRAND ESTUARY TRL #402 (MLS: A4693011) For Sale

6515 GRAND ESTUARY TRL #402, (Manatee), Bradenton Florida 34212

Currently Rented at $1,950.00 / month

Area: 1260

Property Info

  • MLS A4693011
  • Unit No 402
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1260
  • Living Area (sqft) 1156
  • Foundation Block
  • Min Lease Block
  • HOA Fees $2,016.33

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$259,000.00

Rental Price

$
$1,950.00
  • Cap Rate
  • -2.2%
  • Gross Yield
  • 9%
  • Lease End Date
  • November 30, 2026

  • Rent Amount
  • $1,950.00

Cash Flow

Cap Rate-2.2 Gross Yield9% Annual Rent$23,400.00 Property Taxes$4,832.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,400.00 $1,950.00 / mo $117,000.00 $1,950.00 / mo $234,000.00 $1,950.00 / mo
Estimated Expenses $4,832.00 $24,160.00 $48,320.00
Net Cash Flow $18,568.00 $92,840.00 $185,680.00
HOA Fees $24,195.96 $120,979.80 $241,959.60