(MLS: N6130556) For Sale

, (Sarasota), Venice Florida 34293

Currently Rented at $3,500.00 / month

Area: -

Property Info

  • MLS N6130556
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1836
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $607.67

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Skylight(s)
  • Split Bedroom
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$435,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 7.1%
  • Gross Yield
  • 9.7%
  • Lease End Date
  • May 30, 2024

  • Rent Amount
  • $3,500.00

Cash Flow

Cap Rate7.1 Gross Yield9.7% Annual Rent$42,000.00 Property Taxes$3,872.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $3,872.00 $19,360.00 $38,720.00
Net Cash Flow $38,128.00 $190,640.00 $381,280.00
HOA Fees $7,292.04 $36,460.20 $72,920.40