509 PARKDALE MEWS #509 (MLS: N6145664) For Sale

509 PARKDALE MEWS #509, (Sarasota), Venice Florida 34285

Currently Rented at $1,100.00 / month

Area: 810

Property Info

  • MLS N6145664
  • Unit No 509
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 810
  • Living Area (sqft) 714
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,575.00

Interior Features

  • Ceiling Fans(s)
  • Thermostat

Buy Price

$
$160,000.00

Rental Price

$
$1,100.00
  • Cap Rate
  • -5%
  • Gross Yield
  • 8.3%
  • Lease End Date
  • April 22, 2027
  • Rent Amount

  • $1,100.00

Cash Flow

Cap Rate-5.0 Gross Yield8.3% Annual Rent$13,200.00 Property Taxes$2,329.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $13,200.00 $1,100.00 / mo $66,000.00 $1,100.00 / mo $132,000.00 $1,100.00 / mo
Estimated Expenses $2,329.00 $11,645.00 $23,290.00
Net Cash Flow $10,871.00 $54,355.00 $108,710.00
HOA Fees $18,900.00 $94,500.00 $189,000.00

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