4613 MORNINGSIDE #30 (MLS: A4660119) For Sale

4613 MORNINGSIDE #30, (Sarasota), Sarasota Florida 34235

Currently Rented at $1,600.00 / month

Area: 682

Property Info

  • MLS A4660119
  • Unit No 30
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 682
  • Living Area (sqft) 616
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,152.08

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Stone Counters
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$199,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 1.3%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • January 24, 2027

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate1.3 Gross Yield9.6% Annual Rent$19,200.00 Property Taxes$2,780.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $2,780.00 $13,900.00 $27,800.00
Net Cash Flow $16,420.00 $82,100.00 $164,200.00
HOA Fees $13,824.96 $69,124.80 $138,249.60