1503 N CONRAD AVE (MLS: T3550564) For Sale

1503 N CONRAD AVE, (Sarasota), Sarasota Florida 34237

Currently Rented at $2,350.00 / month

Area: -

Property Info

  • MLS T3550564
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1095
  • Foundation Block
  • Min Lease Block

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Other
  • Thermostat

Buy Price

$
$359,000.00

Rental Price

$
$2,350.00
  • Cap Rate
  • 6.8%
  • Gross Yield
  • 7.9%
  • Lease End Date
  • December 01, 2024

  • Rent Amount
  • $2,350.00

Cash Flow

Cap Rate6.8 Gross Yield7.9% Annual Rent$28,200.00 Property Taxes$3,951.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,200.00 $2,350.00 / mo $141,000.00 $2,350.00 / mo $282,000.00 $2,350.00 / mo
Estimated Expenses $3,951.00 $19,755.00 $39,510.00
Net Cash Flow $24,249.00 $121,245.00 $242,490.00