1216 S MISSOURI AVE #408 (MLS: O6387362) For Sale

1216 S MISSOURI AVE #408, (Pinellas), Clearwater Florida 33756

Currently Rented at $1,350.00 / month

Area: 660

Property Info

  • MLS O6387362
  • Unit No 408
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 660
  • Living Area (sqft) 660
  • Foundation Other, Stem Wall
  • Min Lease Other, Stem Wall
  • HOA Fees $670.00

Interior Features

  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo

Buy Price

$
$130,000.00

Rental Price

$
$1,350.00
  • Cap Rate
  • 4.4%
  • Gross Yield
  • 12.5%
  • Lease End Date
  • January 31, 2027

  • Rent Amount
  • $1,350.00

Cash Flow

Cap Rate4.4 Gross Yield12.5% Annual Rent$16,200.00 Property Taxes$2,407.64 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,200.00 $1,350.00 / mo $81,000.00 $1,350.00 / mo $162,000.00 $1,350.00 / mo
Estimated Expenses $2,407.64 $12,038.20 $24,076.40
Net Cash Flow $13,792.36 $68,961.80 $137,923.60
HOA Fees $8,040.00 $40,200.00 $80,400.00