866 HUDSON AVE #866 (MLS: A4635684) For Sale

866 HUDSON AVE #866, (Sarasota), Sarasota Florida 34236

Currently Rented at $7,000.00 / month

Area: 2408

Property Info

  • MLS A4635684
  • Unit No 866
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2408
  • Living Area (sqft) 2293
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $2,310.67

Interior Features

  • Built-in Features
  • Crown Molding
  • Dry Bar
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Stone Counters
  • Walk-In Closet(s)

Buy Price

$
$1,395,000.00

Rental Price

$
$7,000.00
  • Cap Rate
  • 2.6%
  • Gross Yield
  • 6%
  • Lease End Date
  • -

  • Rent Amount
  • $7,000.00

Cash Flow

Cap Rate2.6 Gross Yield6% Annual Rent$84,000.00 Property Taxes$19,591.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $84,000.00 $7,000.00 / mo $420,000.00 $7,000.00 / mo $840,000.00 $7,000.00 / mo
Estimated Expenses $19,591.00 $97,955.00 $195,910.00
Net Cash Flow $64,409.00 $322,045.00 $644,090.00
HOA Fees $27,728.04 $138,640.20 $277,280.40