516 SERATA ST (MLS: N6141648) For Sale

516 SERATA ST, (Sarasota), Venice Florida 34285

Currently Rented at $5,700.00 / month

Area: 1922

Property Info

  • MLS N6141648
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1922
  • Living Area (sqft) 1530
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$695,000.00

Rental Price

$
$5,700.00
  • Cap Rate
  • 8.7%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • April 10, 2026

  • Rent Amount
  • $5,700.00

Cash Flow

Cap Rate8.7 Gross Yield9.8% Annual Rent$68,400.00 Property Taxes$7,706.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $68,400.00 $5,700.00 / mo $342,000.00 $5,700.00 / mo $684,000.00 $5,700.00 / mo
Estimated Expenses $7,706.00 $38,530.00 $77,060.00
Net Cash Flow $60,694.00 $303,470.00 $606,940.00