308 CYPRESS RD (MLS: A4704696) For Sale

308 CYPRESS RD, (Sarasota), Venice Florida 34293

Currently Rented at $2,700.00 / month

Area: 2384

Property Info

  • MLS A4704696
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2384
  • Living Area (sqft) 1838
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Kitchen/Family Room Combo
  • Open Floorplan
  • Split Bedroom
  • Stone Counters

Buy Price

$
$354,000.00

Rental Price

$
$2,700.00
  • Cap Rate
  • 8.1%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • October 07, 2026
  • Rent Amount

  • $2,700.00

Cash Flow

Cap Rate8.1 Gross Yield9.2% Annual Rent$32,400.00 Property Taxes$3,814.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $32,400.00 $2,700.00 / mo $162,000.00 $2,700.00 / mo $324,000.00 $2,700.00 / mo
Estimated Expenses $3,814.00 $19,070.00 $38,140.00
Net Cash Flow $28,586.00 $142,930.00 $285,860.00

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