1881 SUMMER WALK CIR (MLS: A4695685) For Sale

1881 SUMMER WALK CIR, (Sarasota), Sarasota Florida 34232

Currently Rented at $3,100.00 / month

Area: 2140

Property Info

  • MLS A4695685
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2140
  • Living Area (sqft) 1524
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $50.00

Interior Features

  • Cathedral Ceiling(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$469,000.00

Rental Price

$
$3,100.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 7.9%
  • Lease End Date
  • January 01, 2027

  • Rent Amount
  • $3,100.00

Cash Flow

Cap Rate6.7 Gross Yield7.9% Annual Rent$37,200.00 Property Taxes$5,028.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $37,200.00 $3,100.00 / mo $186,000.00 $3,100.00 / mo $372,000.00 $3,100.00 / mo
Estimated Expenses $5,028.00 $25,140.00 $50,280.00
Net Cash Flow $32,172.00 $160,860.00 $321,720.00
HOA Fees $600.00 $3,000.00 $6,000.00