3768 PARKRIDGE CIR #23-104 (MLS: A4704849) For Sale

3768 PARKRIDGE CIR #23-104, (Manatee), Sarasota Florida 34243

Currently Rented at $2,550.00 / month

Area: 2250

Property Info

  • MLS A4704849
  • Unit No 23-104
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2250
  • Living Area (sqft) 1954
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $434.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-In Closet(s)

Buy Price

$
$465,000.00

Rental Price

$
$2,550.00
  • Cap Rate
  • 4.6%
  • Gross Yield
  • 6.6%
  • Lease End Date
  • September 30, 2027
  • Rent Amount

  • $2,550.00

Cash Flow

Cap Rate4.6 Gross Yield6.6% Annual Rent$30,600.00 Property Taxes$3,933.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,600.00 $2,550.00 / mo $153,000.00 $2,550.00 / mo $306,000.00 $2,550.00 / mo
Estimated Expenses $3,933.00 $19,665.00 $39,330.00
Net Cash Flow $26,667.00 $133,335.00 $266,670.00
HOA Fees $5,208.00 $26,040.00 $52,080.00

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