1709 N TAMIAMI TRL #220 (MLS: O6325748) For Sale

1709 N TAMIAMI TRL #220, (Sarasota), Sarasota Florida 34234

Currently Rented at $2,800.00 / month

Area: 803

Property Info

  • MLS O6325748
  • Unit No 220
  • Bedrooms 1
  • Bathrooms 2
  • Area (sqft) 803
  • Living Area (sqft) 803
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $500.00

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • Stone Counters

Buy Price

$
$520,000.00

Rental Price

$
$2,800.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 6.5%
  • Lease End Date
  • -

  • Rent Amount
  • $2,800.00

Cash Flow

Cap Rate4.2 Gross Yield6.5% Annual Rent$33,600.00 Property Taxes$5,544.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,600.00 $2,800.00 / mo $168,000.00 $2,800.00 / mo $336,000.00 $2,800.00 / mo
Estimated Expenses $5,544.00 $27,720.00 $55,440.00
Net Cash Flow $28,056.00 $140,280.00 $280,560.00
HOA Fees $6,000.00 $30,000.00 $60,000.00