1740 Alderman St APT 12,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 1740 Alderman St APT 12, Sarasota, FL, 34236 listed at $519,000 pairs $3,847/mo rent with a $2,540/mo payment to leave $403/mo cash flow. Total monthly income runs $3,847/mo, and annual cash flow reaches $4,837/yr on $170,751 cash to close. Return on cash invested measures 22.89% in year one, and rental yield registers 8.89% at a $519,000 basis. Equity gained on principal adds $3,349/yr, and annual property appreciation at 5% supports $143,390 by year five. Five-year ROI tracks 119.43% and total cumulative return in cash totals $203,925. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,847/mo property income relative to a $2,540/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).