716 GROVELAND AVE (MLS: N6135798) For Sale

716 GROVELAND AVE, (Sarasota), Venice Florida 34285

Currently Rented at $1,600.00 / month

Area: -

Property Info

  • MLS N6135798
  • Unit No -
  • Bedrooms 5
  • Bathrooms 6
  • Area (sqft) -
  • Living Area (sqft) 2495
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$695,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 1.7%
  • Gross Yield
  • 2.8%
  • Lease End Date
  • October 07, 2025

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate1.7 Gross Yield2.8% Annual Rent$19,200.00 Property Taxes$7,713.50 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $7,713.50 $38,567.50 $77,135.00
Net Cash Flow $11,486.50 $57,432.50 $114,865.00