16 NAUTICAL DR (MLS: N6142677) For Sale

16 NAUTICAL DR, (Sarasota), North Port Florida 34287

Currently Rented at $2,800.00 / month

Area: 2303

Property Info

  • MLS N6142677
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 2303
  • Living Area (sqft) 1379
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $196.00

Interior Features

  • Eat-in Kitchen
  • Walk-In Closet(s)

Buy Price

$
$139,900.00

Rental Price

$
$2,800.00
  • Cap Rate
  • 20.9%
  • Gross Yield
  • 24%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $2,800.00

Cash Flow

Cap Rate20.9 Gross Yield24% Annual Rent$33,600.00 Property Taxes$2,059.00 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 $2,059.00 $10,295.00 $20,590.00
Net Cash Flow $31,541.00 $157,705.00 $315,410.00
HOA Fees $2,352.00 $11,760.00 $23,520.00