3840 ADELAIDE AVE (MLS: C7527950) For Sale

3840 ADELAIDE AVE, (Sarasota), North Port Florida 34288

Currently Rented at $2,035.00 / month

Area: 1506

Property Info

  • MLS C7527950
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1506
  • Living Area (sqft) 1506
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat

Buy Price

$
$344,000.00

Rental Price

$
$2,035.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 7.1%
  • Lease End Date
  • July 31, 2027

  • Rent Amount
  • $2,035.00

Cash Flow

Cap Rate5.7 Gross Yield7.1% Annual Rent$24,420.00 Property Taxes$4,654.76 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,420.00 $2,035.00 / mo $122,100.00 $2,035.00 / mo $244,200.00 $2,035.00 / mo
Estimated Expenses $4,654.76 $23,273.80 $46,547.60
Net Cash Flow $19,765.24 $98,826.20 $197,652.40