8941 VERANDA WAY #522 (MLS: A4708072) For Sale

8941 VERANDA WAY #522, (Sarasota), Sarasota Florida 34238

Currently Rented at $5,500.00 / month

Area: 1484

Property Info

  • MLS A4708072
  • Unit No 522
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1484
  • Living Area (sqft) 1333
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $2,370.25

Interior Features

  • Cathedral Ceiling(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Split Bedroom

Buy Price

$
$315,000.00

Rental Price

$
$5,500.00
  • Cap Rate
  • 10.8%
  • Gross Yield
  • 21%
  • Lease End Date
  • March 31, 2027
  • Rent Amount

  • $5,500.00

Cash Flow

Cap Rate10.8 Gross Yield21% Annual Rent$66,000.00 Property Taxes$3,597.02 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 $3,597.02 $17,985.10 $35,970.20
Net Cash Flow $62,402.98 $312,014.90 $624,029.80
HOA Fees $28,443.00 $142,215.00 $284,430.00

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