101 BASE AVE E #101 & 103 (MLS: N6136004) For Sale

101 BASE AVE E #101 & 103, (Sarasota), Venice Florida 34285

Currently Rented at $5,000.00 / month

Area: -

Property Info

  • MLS N6136004
  • Unit No 101 & 103
  • Bedrooms 4
  • Bathrooms 4
  • Area (sqft) -
  • Living Area (sqft) 2056
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Coffered Ceiling(s)
  • Crown Molding
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$950,000.00

Rental Price

$
$5,000.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 6.3%
  • Lease End Date
  • March 31, 2025

  • Rent Amount
  • $5,000.00

Cash Flow

Cap Rate5.4 Gross Yield6.3% Annual Rent$60,000.00 Property Taxes$8,390.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $60,000.00 $5,000.00 / mo $300,000.00 $5,000.00 / mo $600,000.00 $5,000.00 / mo
Estimated Expenses $8,390.00 $41,950.00 $83,900.00
Net Cash Flow $51,610.00 $258,050.00 $516,100.00