1200 E PEPPERTREE LN #505 (MLS: A4704924) For Sale

1200 E PEPPERTREE LN #505, (Sarasota), Sarasota Florida 34242

Currently Rented at $13,175.00 / month

Area: 1460

Property Info

  • MLS A4704924
  • Unit No 505
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1460
  • Living Area (sqft) 1460
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,305.00

Interior Features

  • Crown Molding
  • Elevator
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Split Bedroom

Buy Price

$
$625,000.00

Rental Price

$
$13,175.00
  • Cap Rate
  • 22%
  • Gross Yield
  • 25.3%
  • Lease End Date
  • March 31, 2027
  • Rent Amount

  • $13,175.00

Cash Flow

Cap Rate22.0 Gross Yield25.3% Annual Rent$158,100.00 Property Taxes$5,237.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $158,100.00 $13,175.00 / mo $790,500.00 $13,175.00 / mo $1,581,000.00 $13,175.00 / mo
Estimated Expenses $5,237.00 $26,185.00 $52,370.00
Net Cash Flow $152,863.00 $764,315.00 $1,528,630.00
HOA Fees $15,660.00 $78,300.00 $156,600.00

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