525 MANATEE CT #13 (MLS: N6138656) For Sale

525 MANATEE CT #13, (Sarasota), Venice Florida 34285

Currently Rented at $1,600.00 / month

Area: -

Property Info

  • MLS N6138656
  • Unit No 13
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 555
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,170.00

Interior Features

  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo

Buy Price

$
$175,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 1.9%
  • Gross Yield
  • 11%
  • Lease End Date
  • -

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate1.9 Gross Yield11% Annual Rent$19,200.00 Property Taxes$1,878.64 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $1,878.64 $9,393.20 $18,786.40
Net Cash Flow $17,321.36 $86,606.80 $173,213.60
HOA Fees $14,040.00 $70,200.00 $140,400.00