900 ADDINGTON CT #203 (MLS: N6144202) For Sale

900 ADDINGTON CT #203, (Sarasota), Venice Florida 34293

Currently Rented at $1,700.00 / month

Area: 1350

Property Info

  • MLS N6144202
  • Unit No 203
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1350
  • Living Area (sqft) 1280
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,920.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Split Bedroom
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$232,000.00

Rental Price

$
$1,700.00
  • Cap Rate
  • -2.4%
  • Gross Yield
  • 8.8%
  • Lease End Date
  • March 31, 2027

  • Rent Amount
  • $1,700.00

Cash Flow

Cap Rate-2.4 Gross Yield8.8% Annual Rent$20,400.00 Property Taxes$3,022.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,400.00 $1,700.00 / mo $102,000.00 $1,700.00 / mo $204,000.00 $1,700.00 / mo
Estimated Expenses $3,022.00 $15,110.00 $30,220.00
Net Cash Flow $17,378.00 $86,890.00 $173,780.00
HOA Fees $23,040.00 $115,200.00 $230,400.00