1555 TARPON CENTER DR #140 (MLS: N6141392) For Sale

1555 TARPON CENTER DR #140, (Sarasota), Venice Florida 34285

Currently Rented at $6,000.00 / month

Area: 1078

Property Info

  • MLS N6141392
  • Unit No 140
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1078
  • Living Area (sqft) 934
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,333.33

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$519,900.00

Rental Price

$
$6,000.00
  • Cap Rate
  • 9.7%
  • Gross Yield
  • 13.8%
  • Lease End Date
  • April 15, 2026

  • Rent Amount
  • $6,000.00

Cash Flow

Cap Rate9.7 Gross Yield13.8% Annual Rent$72,000.00 Property Taxes$5,792.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $72,000.00 $6,000.00 / mo $360,000.00 $6,000.00 / mo $720,000.00 $6,000.00 / mo
Estimated Expenses $5,792.00 $28,960.00 $57,920.00
Net Cash Flow $66,208.00 $331,040.00 $662,080.00
HOA Fees $15,999.96 $79,999.80 $159,999.60