5724 BANNOCK CIR (MLS: C7528641) For Sale

5724 BANNOCK CIR, (Sarasota), North Port Florida 34288

Currently Rented at $2,000.00 / month

Area: 1974

Property Info

  • MLS C7528641
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1974
  • Living Area (sqft) 1506
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Stone Counters
  • Walk-In Closet(s)

Buy Price

$
$309,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 6.3%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • September 01, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate6.3 Gross Yield7.8% Annual Rent$24,000.00 Property Taxes$4,453.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $4,453.00 $22,265.00 $44,530.00
Net Cash Flow $19,547.00 $97,735.00 $195,470.00