758 BIRD BAY DR W #169 (MLS: N6141250) For Sale

758 BIRD BAY DR W #169, (Sarasota), Venice Florida 34285

Currently Rented at $3,000.00 / month

Area: 1333

Property Info

  • MLS N6141250
  • Unit No 169
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1333
  • Living Area (sqft) 1092
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $2,230.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat
  • Vaulted Ceiling(s)
  • Window Treatments

Buy Price

$
$210,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 3%
  • Gross Yield
  • 17.1%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate3.0 Gross Yield17.1% Annual Rent$36,000.00 Property Taxes$2,952.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $2,952.00 $14,760.00 $29,520.00
Net Cash Flow $33,048.00 $165,240.00 $330,480.00
HOA Fees $26,760.00 $133,800.00 $267,600.00