244 SAINT AUGUSTINE AVE #805 (MLS: N6136381) For Sale

244 SAINT AUGUSTINE AVE #805, (Sarasota), Venice Florida 34285

Currently Rented at $4,000.00 / month

Area: 1050

Property Info

  • MLS N6136381
  • Unit No 805
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1050
  • Living Area (sqft) 900
  • Foundation Block, Slab
  • Min Lease Block, Slab
  • HOA Fees $1,996.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$345,000.00

Rental Price

$
$4,000.00
  • Cap Rate
  • 5.8%
  • Gross Yield
  • 13.9%
  • Lease End Date
  • -

  • Rent Amount
  • $4,000.00

Cash Flow

Cap Rate5.8 Gross Yield13.9% Annual Rent$48,000.00 Property Taxes$3,892.04 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 $3,892.04 $19,460.20 $38,920.40
Net Cash Flow $44,107.96 $220,539.80 $441,079.60
HOA Fees $23,952.00 $119,760.00 $239,520.00