3208 16TH AVE E (MLS: A4693387) For Sale

3208 16TH AVE E, (Manatee), Palmetto Florida 34221

Currently Rented at $1,500.00 / month

Area: 3297

Property Info

  • MLS A4693387
  • Unit No -
  • Bedrooms 6
  • Bathrooms 4
  • Area (sqft) 3297
  • Living Area (sqft) 2502
  • Foundation Slab
  • Min Lease -

Interior Features

  • Living Room/Dining Room Combo
  • Other

Buy Price

$
$610,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 2.4%
  • Gross Yield
  • 3%
  • Lease End Date
  • August 31, 2026
  • Rent Amount

  • $1,500.00

Cash Flow

Cap Rate2.4 Gross Yield3% Annual Rent$18,000.00 Property Taxes$3,279.63 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $3,279.63 $16,398.15 $32,796.30
Net Cash Flow $14,720.37 $73,601.85 $147,203.70

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