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

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

Currently Rented at $3,500.00 / month

Area: 835

Property Info

  • MLS TB8314989
  • Unit No B28
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 835
  • 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

$
$494,000.00

Rental Price

$
$3,500.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 8.5%
  • Lease End Date
  • -

  • Rent Amount
  • $3,500.00

Cash Flow

Cap Rate5.5 Gross Yield8.5% Annual Rent$42,000.00 Property Taxes$5,423.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $42,000.00 $3,500.00 / mo $210,000.00 $3,500.00 / mo $420,000.00 $3,500.00 / mo
Estimated Expenses $5,423.00 $27,115.00 $54,230.00
Net Cash Flow $36,577.00 $182,885.00 $365,770.00
HOA Fees $9,228.00 $46,140.00 $92,280.00