4240 CENTRAL SARASOTA PKWY #616 (MLS: N6133566) For Sale

4240 CENTRAL SARASOTA PKWY #616, (Sarasota), Sarasota Florida 34238

Currently Rented at $2,300.00 / month

Area: -

Property Info

  • MLS N6133566
  • Unit No 616
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1147
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $511.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • In Wall Pest System
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatme

Buy Price

$
$334,900.00

Rental Price

$
$2,300.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 8.2%
  • Lease End Date
  • -

  • Rent Amount
  • $2,300.00

Cash Flow

Cap Rate5.5 Gross Yield8.2% Annual Rent$27,600.00 Property Taxes$2,963.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $27,600.00 $2,300.00 / mo $138,000.00 $2,300.00 / mo $276,000.00 $2,300.00 / mo
Estimated Expenses $2,963.00 $14,815.00 $29,630.00
Net Cash Flow $24,637.00 $123,185.00 $246,370.00
HOA Fees $6,132.00 $30,660.00 $61,320.00