1515 PINELLAS BAYWAY S #B28 (MLS: TB8314989) For Sale

1515 PINELLAS BAYWAY S #B28, (Pinellas), Saint Petersburg Florida 33715

Currently Rented at $4,500.00 / month

Area: -

Property Info

  • MLS TB8314989
  • Unit No B28
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 835
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $769.00

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Stone Counters
  • Window Treatments

Buy Price

$
$569,000.00

Rental Price

$
$4,500.00
  • Cap Rate
  • 6.9%
  • Gross Yield
  • 9.5%
  • Lease End Date
  • March 31, 2025

  • Rent Amount
  • $4,500.00

Cash Flow

Cap Rate6.9 Gross Yield9.5% Annual Rent$54,000.00 Property Taxes$5,423.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $54,000.00 $4,500.00 / mo $270,000.00 $4,500.00 / mo $540,000.00 $4,500.00 / mo
Estimated Expenses $5,423.00 $27,115.00 $54,230.00
Net Cash Flow $48,577.00 $242,885.00 $485,770.00
HOA Fees $9,228.00 $46,140.00 $92,280.00