2789 RHUMBA TER (MLS: D6147867) For Sale

2789 RHUMBA TER, (Sarasota), North Port Florida 34286

Currently Rented at $1,500.00 / month

Area: 1840

Property Info

  • MLS D6147867
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1840
  • Living Area (sqft) 1293
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan

Buy Price

$
$249,900.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • October 30, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate6.5 Gross Yield7.2% Annual Rent$18,000.00 Property Taxes$1,840.91 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,840.91 $9,204.55 $18,409.10
Net Cash Flow $16,159.09 $80,795.45 $161,590.90