701 S MADISON AVE #313 (MLS: T3535021) For Sale

701 S MADISON AVE #313, (Pinellas), Clearwater Florida 33756

Currently Rented at $1,600.00 / month

Area: -

Property Info

  • MLS T3535021
  • Unit No 313
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 845
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $469.59

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Elevator
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Stone Counters
  • Thermostat

Buy Price

$
$147,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 7.7%
  • Gross Yield
  • 13.1%
  • Lease End Date
  • February 01, 2026

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate7.7 Gross Yield13.1% Annual Rent$19,200.00 Property Taxes$2,230.49 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $2,230.49 $11,152.45 $22,304.90
Net Cash Flow $16,969.51 $84,847.55 $169,695.10
HOA Fees $5,635.08 $28,175.40 $56,350.80