162 MARTINIQUE RD (MLS: TB8481499) For Sale

162 MARTINIQUE RD, (Sarasota), North Port Florida 34287

Currently Rented at $3,000.00 / month

Area: 1620

Property Info

  • MLS TB8481499
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1620
  • Living Area (sqft) 1550
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $288.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$259,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 11.5%
  • Gross Yield
  • 13.9%
  • Lease End Date
  • -
  • Rent Amount

  • $3,000.00

Cash Flow

Cap Rate11.5 Gross Yield13.9% Annual Rent$36,000.00 Property Taxes$2,759.98 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 $2,759.98 $13,799.90 $27,599.80
Net Cash Flow $33,240.02 $166,200.10 $332,400.20
HOA Fees $3,456.00 $17,280.00 $34,560.00

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