5790 MIDNIGHT PASS RD #209 (MLS: N6141203) For Sale

5790 MIDNIGHT PASS RD #209, (Sarasota), Sarasota Florida 34242

Currently Rented at $10,053.00 / month

Area: 1433

Property Info

  • MLS N6141203
  • Unit No 209
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1433
  • Living Area (sqft) 1433
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $4,941.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Open Floorplan
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$1,150,000.00

Rental Price

$
$10,053.00
  • Cap Rate
  • 4.4%
  • Gross Yield
  • 10.5%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $10,053.00

Cash Flow

Cap Rate4.4 Gross Yield10.5% Annual Rent$120,636.00 Property Taxes$10,669.30 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $120,636.00 $10,053.00 / mo $603,180.00 $10,053.00 / mo $1,206,360.00 $10,053.00 / mo
Estimated Expenses $10,669.30 $53,346.50 $106,693.00
Net Cash Flow $109,966.70 $549,833.50 $1,099,667.00
HOA Fees $59,292.00 $296,460.00 $592,920.00