227 SOUTHAMPTON DR #289 (MLS: N6134128) For Sale

227 SOUTHAMPTON DR #289, (Sarasota), Venice Florida 34293

Currently Rented at $1,850.00 / month

Area: -

Property Info

  • MLS N6134128
  • Unit No 289
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1509
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $2,206.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Solid Surface Counters
  • Split Bedroom
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$295,000.00

Rental Price

$
$1,850.00
  • Cap Rate
  • -2.8%
  • Gross Yield
  • 7.5%
  • Lease End Date
  • December 16, 2025

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate-2.8 Gross Yield7.5% Annual Rent$22,200.00 Property Taxes$3,866.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $3,866.00 $19,330.00 $38,660.00
Net Cash Flow $18,334.00 $91,670.00 $183,340.00
HOA Fees $26,472.00 $132,360.00 $264,720.00