531 GRANADA AVE (MLS: N6143165) For Sale

531 GRANADA AVE, (Sarasota), Venice Florida 34285

Currently Rented at $6,000.00 / month

Area: 2399

Property Info

  • MLS N6143165
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2399
  • Living Area (sqft) 2095
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Thermostat
  • Window Treatments

Buy Price

$
$825,000.00

Rental Price

$
$6,000.00
  • Cap Rate
  • 7.7%
  • Gross Yield
  • 8.7%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $6,000.00

Cash Flow

Cap Rate7.7 Gross Yield8.7% Annual Rent$72,000.00 Property Taxes$8,752.41 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $72,000.00 $6,000.00 / mo $360,000.00 $6,000.00 / mo $720,000.00 $6,000.00 / mo
Estimated Expenses $8,752.41 $43,762.05 $87,524.10
Net Cash Flow $63,247.59 $316,237.95 $632,475.90