3980 MEDITERRANEA CIR #522 (MLS: TB8429092) For Sale

3980 MEDITERRANEA CIR #522, (Sarasota), Sarasota Florida 34233

Currently Rented at $1,850.00 / month

Area: 1258

Property Info

  • MLS TB8429092
  • Unit No 522
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1258
  • Living Area (sqft) 1167
  • Foundation Brick/Mortar
  • Min Lease Brick/Mortar
  • HOA Fees $565.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$215,000.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 5.8%
  • Gross Yield
  • 10.3%
  • Lease End Date
  • -

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate5.8 Gross Yield10.3% Annual Rent$22,200.00 Property Taxes$3,014.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $3,014.00 $15,070.00 $30,140.00
Net Cash Flow $19,186.00 $95,930.00 $191,860.00
HOA Fees $6,780.00 $33,900.00 $67,800.00