4112 23rd Ave W-Bradenton-34205, Manatee

4112 23rd Ave W

Bradenton, FL 34205

3 bd, 2 ba | 1,914 sqft | Built in 1976

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List Price

$437,000

$23K

Initial Investment

$121,080

Purchase Price

$437,000

Down Payment

25%

Rent

$2,049

Total Return

$144,259

Annualized Return

15.0%

Cap Rate

2.7%

Gross Yield

5.6%

Cash Flow

-$12,846

Appreciation

8.4%

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Features

Occupancy

Occupied

Lease Start

05/01/2022

Lease End

05/31/2023

Lot Size

12,023

HOA

None

Flood Risk

Not Required

NEW water heater

4-star neighborhood

Below market rent

No HOA

Minutes from the beach

MARKETS

NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$23,359

Expenses

-$7,147

Property Taxes

-$5,300

Loan Payments

-$23,758

Net Cash Flow

-$12,846

See more in Financials

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