1555 TARPON CENTER DR #140 (MLS: N6146110) For Sale

1555 TARPON CENTER DR #140, (Sarasota), Venice Florida 34285

Currently Rented at $6,000.00 / month

Area: 1078

Property Info

  • MLS N6146110
  • Unit No 140
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1078
  • Living Area (sqft) 934
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,353.33

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$485,000.00

Rental Price

$
$6,000.00
  • Cap Rate
  • 10.3%
  • Gross Yield
  • 14.8%
  • Lease End Date
  • -
  • Rent Amount

  • $6,000.00

Cash Flow

Cap Rate10.3 Gross Yield14.8% Annual Rent$72,000.00 Property Taxes$5,792.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $72,000.00 $6,000.00 / mo $360,000.00 $6,000.00 / mo $720,000.00 $6,000.00 / mo
Estimated Expenses $5,792.00 $28,960.00 $57,920.00
Net Cash Flow $66,208.00 $331,040.00 $662,080.00
HOA Fees $16,239.96 $81,199.80 $162,399.60

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