3949 LOTHAIR AVE (MLS: R4910495) For Sale

3949 LOTHAIR AVE, (Sarasota), North Port Florida 34287

Currently Rented at $1,915.00 / month

Area: 2241

Property Info

  • MLS R4910495
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2241
  • Living Area (sqft) 1779
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$249,999.00

Rental Price

$
$1,915.00
  • Cap Rate
  • 7.8%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • June 15, 2026

  • Rent Amount
  • $1,915.00

Cash Flow

Cap Rate7.8 Gross Yield9.2% Annual Rent$22,980.00 Property Taxes$3,369.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,980.00 $1,915.00 / mo $114,900.00 $1,915.00 / mo $229,800.00 $1,915.00 / mo
Estimated Expenses $3,369.00 $16,845.00 $33,690.00
Net Cash Flow $19,611.00 $98,055.00 $196,110.00