20211 GRANLAGO DR (MLS: N6145020) For Sale

20211 GRANLAGO DR, (Sarasota), Venice Florida 34293

Currently Rented at $7,500.00 / month

Area: 2621

Property Info

  • MLS N6145020
  • Unit No -
  • Bedrooms 4
  • Bathrooms 3
  • Area (sqft) 2621
  • Living Area (sqft) 2025
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $329.00

Interior Features

  • Coffered Ceiling(s)
  • Crown Molding
  • In Wall Pest System
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Tray Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$569,000.00

Rental Price

$
$7,500.00
  • Cap Rate
  • 13.9%
  • Gross Yield
  • 15.8%
  • Lease End Date
  • March 31, 2027

  • Rent Amount
  • $7,500.00

Cash Flow

Cap Rate13.9 Gross Yield15.8% Annual Rent$90,000.00 Property Taxes$6,979.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $90,000.00 $7,500.00 / mo $450,000.00 $7,500.00 / mo $900,000.00 $7,500.00 / mo
Estimated Expenses $6,979.00 $34,895.00 $69,790.00
Net Cash Flow $83,021.00 $415,105.00 $830,210.00
HOA Fees $3,948.00 $19,740.00 $39,480.00