240 IBIZA LOOP (MLS: A4650076) For Sale

240 IBIZA LOOP, (Sarasota), Venice Florida 34292

Currently Rented at $2,300.00 / month

Area: 2057

Property Info

  • MLS A4650076
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 2057
  • Living Area (sqft) 1496
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $311.93

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$359,900.00

Rental Price

$
$2,300.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 7.7%
  • Lease End Date
  • -
  • Rent Amount

  • $2,300.00

Cash Flow

Cap Rate5.4 Gross Yield7.7% Annual Rent$27,600.00 Property Taxes$4,556.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $27,600.00 $2,300.00 / mo $138,000.00 $2,300.00 / mo $276,000.00 $2,300.00 / mo
Estimated Expenses $4,556.00 $22,780.00 $45,560.00
Net Cash Flow $23,044.00 $115,220.00 $230,440.00
HOA Fees $3,743.16 $18,715.80 $37,431.60

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