1099 WATERLINE CT (MLS: A4697460) For Sale

1099 WATERLINE CT, (Sarasota), Sarasota Florida 34240

Currently Rented at $5,250.00 / month

Area: 2450

Property Info

  • MLS A4697460
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2450
  • Living Area (sqft) 1810
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $397.17

Interior Features

  • Living Room/Dining Room Combo
  • Open Floorplan
  • Thermostat

Buy Price

$
$599,900.00

Rental Price

$
$5,250.00
  • Cap Rate
  • 8.4%
  • Gross Yield
  • 10.5%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $5,250.00

Cash Flow

Cap Rate8.4 Gross Yield10.5% Annual Rent$63,000.00 Property Taxes$7,626.52 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $63,000.00 $5,250.00 / mo $315,000.00 $5,250.00 / mo $630,000.00 $5,250.00 / mo
Estimated Expenses $7,626.52 $38,132.60 $76,265.20
Net Cash Flow $55,373.48 $276,867.40 $553,734.80
HOA Fees $4,766.04 $23,830.20 $47,660.40