653 SPRUCE ST (MLS: D6138992) For Sale

653 SPRUCE ST, (Sarasota), Englewood Florida 34223

Currently Rented at $1,750.00 / month

Area: -

Property Info

  • MLS D6138992
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1163
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$279,999.00

Rental Price

$
$1,750.00
  • Cap Rate
  • 6.6%
  • Gross Yield
  • 7.5%
  • Lease End Date
  • November 30, 2024

  • Rent Amount
  • $1,750.00

Cash Flow

Cap Rate6.6 Gross Yield7.5% Annual Rent$21,000.00 Property Taxes$2,531.70 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,000.00 $1,750.00 / mo $105,000.00 $1,750.00 / mo $210,000.00 $1,750.00 / mo
Estimated Expenses $2,531.70 $12,658.50 $25,317.00
Net Cash Flow $18,468.30 $92,341.50 $184,683.00