18500 MIDSUMMER PL (MLS: A4678106) For Sale

18500 MIDSUMMER PL, (Sarasota), Venice Florida 34293

Currently Rented at $2,800.00 / month

Area: 3023

Property Info

  • MLS A4678106
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 3023
  • Living Area (sqft) 2222
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $467.00

Interior Features

  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$599,000.00

Rental Price

$
$2,800.00
  • Cap Rate
  • 2.9%
  • Gross Yield
  • 5.6%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $2,800.00

Cash Flow

Cap Rate2.9 Gross Yield5.6% Annual Rent$33,600.00 Property Taxes$10,471.90 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,600.00 $2,800.00 / mo $168,000.00 $2,800.00 / mo $336,000.00 $2,800.00 / mo
Estimated Expenses $10,471.90 $52,359.50 $104,719.00
Net Cash Flow $23,128.10 $115,640.50 $231,281.00
HOA Fees $5,604.00 $28,020.00 $56,040.00