500 S Washington Dr APT 2A,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 500 S Washington Dr APT 2A, Sarasota, FL, 34236 listed at $750,000 pairs $4,987/mo rent with a $3,671/mo payment to leave $10/mo cash flow. Total monthly income runs $4,987/mo, and annual cash flow reaches $117/yr on $246,750 cash to close. Return on cash invested measures 20.11% in year one, and rental yield registers 7.98% at a $750,000 basis. Equity gained on principal adds $4,840/yr, and annual property appreciation at 5% supports $207,211 by year five. Five-year ROI tracks 104.46% and total cumulative return in cash totals $257,766. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,987/mo property income relative to a $3,671/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).