301 QUAY CMN #1005 (MLS: A4642832) For Sale

301 QUAY CMN #1005, (Sarasota), Sarasota Florida 34236

Currently Rented at $5,500.00 / month

Area: -

Property Info

  • MLS A4642832
  • Unit No 1005
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1761
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,541.06

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Smart Home
  • Solid Surface Counters
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Wind

Buy Price

$
$1,725,000.00

Rental Price

$
$5,500.00
  • Cap Rate
  • 1.9%
  • Gross Yield
  • 3.8%
  • Lease End Date
  • April 14, 2025

  • Rent Amount
  • $5,500.00

Cash Flow

Cap Rate1.9 Gross Yield3.8% Annual Rent$66,000.00 Property Taxes$14,109.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $66,000.00 $5,500.00 / mo $330,000.00 $5,500.00 / mo $660,000.00 $5,500.00 / mo
Estimated Expenses $14,109.00 $70,545.00 $141,090.00
Net Cash Flow $51,891.00 $259,455.00 $518,910.00
HOA Fees $18,492.72 $92,463.60 $184,927.20