4212 126TH ST W #401 (MLS: TB8346701) For Sale

4212 126TH ST W #401, (Manatee), Cortez Florida 34215

Currently Rented at $3,000.00 / month

Area: -

Property Info

  • MLS TB8346701
  • Unit No 401
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1180
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,169.67

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • High Ceilings
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$525,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 3%
  • Gross Yield
  • 6.9%
  • Lease End Date
  • May 29, 2025

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate3.0 Gross Yield6.9% Annual Rent$36,000.00 Property Taxes$6,442.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $6,442.00 $32,210.00 $64,420.00
Net Cash Flow $29,558.00 $147,790.00 $295,580.00
HOA Fees $14,036.04 $70,180.20 $140,360.40