3686 LUBEC AVE (MLS: C7527974) For Sale

3686 LUBEC AVE, (Sarasota), North Port Florida 34287

Currently Rented at $2,015.00 / month

Area: 1506

Property Info

  • MLS C7527974
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1506
  • Living Area (sqft) 1506
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$324,000.00

Rental Price

$
$2,015.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 7.5%
  • Lease End Date
  • July 31, 2027

  • Rent Amount
  • $2,015.00

Cash Flow

Cap Rate6.0 Gross Yield7.5% Annual Rent$24,180.00 Property Taxes$4,867.12 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,180.00 $2,015.00 / mo $120,900.00 $2,015.00 / mo $241,800.00 $2,015.00 / mo
Estimated Expenses $4,867.12 $24,335.60 $48,671.20
Net Cash Flow $19,312.88 $96,564.40 $193,128.80