2446 23rd St-Sarasota-34234, Sarasota

2446 23rd St

Sarasota, FL 34234

3 bd, 2 ba | 1,273 sqft | Built in 2004

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List Price

$159,000

Initial Investment

$49,779

Purchase Price

$179,500

Down Payment

25%

Rent

$1,495

Total Return

$42,818

Annualized Return

13.1%

Cap Rate

5.4%

Gross Yield

10.0%

Cash Flow

-$696

Appreciation

4.8%

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Features

Occupancy

Vacant

Lot Size

6,250

HOA

None

Flood Risk

Not Required

MARKETS

NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$17,043

Expenses

-$5,680

Property Taxes

-$2,300

Loan Payments

-$9,759

Net Cash Flow

-$696

See more in Financials

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