708 TAMIAMI TRL S #319 (MLS: N6142817) For Sale

708 TAMIAMI TRL S #319, (Sarasota), Venice Florida 34285

Currently Rented at $3,000.00 / month

Area: 900

Property Info

  • MLS N6142817
  • Unit No 319
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 900
  • Living Area (sqft) 828
  • Foundation Other
  • Min Lease Other
  • HOA Fees $745.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$175,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 14.5%
  • Gross Yield
  • 20.6%
  • Lease End Date
  • March 31, 2026
  • Rent Amount

  • $3,000.00

Cash Flow

Cap Rate14.5 Gross Yield20.6% Annual Rent$36,000.00 Property Taxes$1,685.62 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 $1,685.62 $8,428.10 $16,856.20
Net Cash Flow $34,314.38 $171,571.90 $343,143.80
HOA Fees $8,940.00 $44,700.00 $89,400.00

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