988 Boulevard Of The Arts APT 812,Sarasota,FL,34236

Investment Highlights

Investment property for sale in Sarasota at 988 Boulevard Of The Arts APT 812, Sarasota, FL, 34236 listed at $1,400,000 pairs $7,003/mo rent with a $6,852/mo payment. Total monthly income runs $7,003/mo. Return on cash invested measures 14.32% in year one, and rental yield registers 6% at a $1,400,000 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 73.36% and total cumulative return in cash totals $332,779. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,003/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).