8916 MILESTONE DR (MLS: A4707697) For Sale

8916 MILESTONE DR, (Sarasota), Sarasota Florida 34238

Currently Rented at $2,750.00 / month

Area: 2060

Property Info

  • MLS A4707697
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2060
  • Living Area (sqft) 1758
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $350.00

Interior Features

  • Open Floorplan

Buy Price

$
$359,000.00

Rental Price

$
$2,750.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • March 31, 2027
  • Rent Amount

  • $2,750.00

Cash Flow

Cap Rate6.7 Gross Yield9.2% Annual Rent$33,000.00 Property Taxes$4,581.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,000.00 $2,750.00 / mo $165,000.00 $2,750.00 / mo $330,000.00 $2,750.00 / mo
Estimated Expenses $4,581.00 $22,905.00 $45,810.00
Net Cash Flow $28,419.00 $142,095.00 $284,190.00
HOA Fees $4,200.00 $21,000.00 $42,000.00

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