1241 CREEK NINE DR (MLS: N6138408) For Sale

1241 CREEK NINE DR, (Sarasota), North Port Florida 34291

Currently Rented at $2,800.00 / month

Area: 3533

Property Info

  • MLS N6138408
  • Unit No -
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) 3533
  • Living Area (sqft) 2714
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $408.33

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Tray Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$599,999.00

Rental Price

$
$2,800.00
  • Cap Rate
  • 3.5%
  • Gross Yield
  • 5.6%
  • Lease End Date
  • December 31, 2026
  • Rent Amount

  • $2,800.00

Cash Flow

Cap Rate3.5 Gross Yield5.6% Annual Rent$33,600.00 Property Taxes$7,758.31 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,600.00 $2,800.00 / mo $168,000.00 $2,800.00 / mo $336,000.00 $2,800.00 / mo
Estimated Expenses $7,758.31 $38,791.55 $77,583.10
Net Cash Flow $25,841.69 $129,208.45 $258,416.90
HOA Fees $4,899.96 $24,499.80 $48,999.60

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