17535 OPAL SAND DR #205 (MLS: D6145296) For Sale

17535 OPAL SAND DR #205, (Sarasota), Venice Florida 34293

Currently Rented at $4,000.00 / month

Area: 1501

Property Info

  • MLS D6145296
  • Unit No 205
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1501
  • Living Area (sqft) 1366
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,167.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Smart Home
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$389,000.00

Rental Price

$
$4,000.00
  • Cap Rate
  • 7%
  • Gross Yield
  • 12.3%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $4,000.00

Cash Flow

Cap Rate7.0 Gross Yield12.3% Annual Rent$48,000.00 Property Taxes$6,914.54 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $48,000.00 $4,000.00 / mo $240,000.00 $4,000.00 / mo $480,000.00 $4,000.00 / mo
Estimated Expenses $6,914.54 $34,572.70 $69,145.40
Net Cash Flow $41,085.46 $205,427.30 $410,854.60
HOA Fees $14,004.00 $70,020.00 $140,040.00