918 LA COSTA CIR #3 (MLS: A4683613) For Sale

918 LA COSTA CIR #3, (Sarasota), Sarasota Florida 34237

Currently Rented at $1,800.00 / month

Area: 955

Property Info

  • MLS A4683613
  • Unit No 3
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 955
  • Living Area (sqft) 865
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $620.00

Interior Features

  • Crown Molding
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$164,900.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 13.1%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate7.2 Gross Yield13.1% Annual Rent$21,600.00 Property Taxes$2,334.56 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $2,334.56 $11,672.80 $23,345.60
Net Cash Flow $19,265.44 $96,327.20 $192,654.40
HOA Fees $7,440.00 $37,200.00 $74,400.00