2700 COCONUT BAY LN #419 (MLS: S5127342) For Sale

2700 COCONUT BAY LN #419, (Sarasota), Sarasota Florida 34237

Currently Rented at $1,550.00 / month

Area: -

Property Info

  • MLS S5127342
  • Unit No 419
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 714
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $299.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Tray Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$154,950.00

Rental Price

$
$1,550.00
  • Cap Rate
  • 8.6%
  • Gross Yield
  • 12%
  • Lease End Date
  • January 31, 2026

  • Rent Amount
  • $1,550.00

Cash Flow

Cap Rate8.6 Gross Yield12% Annual Rent$18,600.00 Property Taxes$1,696.04 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,600.00 $1,550.00 / mo $93,000.00 $1,550.00 / mo $186,000.00 $1,550.00 / mo
Estimated Expenses $1,696.04 $8,480.20 $16,960.40
Net Cash Flow $16,903.96 $84,519.80 $169,039.60
HOA Fees $3,588.00 $17,940.00 $35,880.00