3048 SAVAGE RD (MLS: A4708273) For Sale

3048 SAVAGE RD, (Sarasota), Sarasota Florida 34231

Currently Rented at $3,000.00 / month

Area: 2248

Property Info

  • MLS A4708273
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2248
  • Living Area (sqft) 1938
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Solid Surface Counters
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$475,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 7.6%
  • Lease End Date
  • -

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate6.7 Gross Yield7.6% Annual Rent$36,000.00 Property Taxes$4,224.32 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $4,224.32 $21,121.60 $42,243.20
Net Cash Flow $31,775.68 $158,878.40 $317,756.80

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