12320 WELLEN GOLF ST #204 (MLS: N6142299) For Sale

12320 WELLEN GOLF ST #204, (Sarasota), Venice Florida 34293

Currently Rented at $5,500.00 / month

Area: 1124

Property Info

  • MLS N6142299
  • Unit No 204
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1124
  • Living Area (sqft) 1124
  • Foundation Block
  • Min Lease Block
  • HOA Fees $1,737.00

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$350,000.00

Rental Price

$
$5,500.00
  • Cap Rate
  • 11.2%
  • Gross Yield
  • 18.9%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $5,500.00

Cash Flow

Cap Rate11.2 Gross Yield18.9% Annual Rent$66,000.00 Property Taxes$5,999.34 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $66,000.00 $5,500.00 / mo $330,000.00 $5,500.00 / mo $660,000.00 $5,500.00 / mo
Estimated Expenses $5,999.34 $29,996.70 $59,993.40
Net Cash Flow $60,000.66 $300,003.30 $600,006.60
HOA Fees $20,844.00 $104,220.00 $208,440.00