1881 N HERCULES AVE #705 (MLS: TB8337603) For Sale

1881 N HERCULES AVE #705, (Pinellas), Clearwater Florida 33765

Currently Rented at $2,100.00 / month

Area: -

Property Info

  • MLS TB8337603
  • Unit No 705
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1257
  • Foundation Block, Slab
  • Min Lease Block, Slab
  • HOA Fees $802.92

Interior Features

  • Accessibility Features
  • Ceiling Fans(s)
  • Dry Bar
  • Eat-in Kitchen
  • Open Floorplan
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$235,000.00

Rental Price

$
$2,100.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 10.7%
  • Lease End Date
  • August 01, 2025

  • Rent Amount
  • $2,100.00

Cash Flow

Cap Rate5.4 Gross Yield10.7% Annual Rent$25,200.00 Property Taxes$2,915.38 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $25,200.00 $2,100.00 / mo $126,000.00 $2,100.00 / mo $252,000.00 $2,100.00 / mo
Estimated Expenses $2,915.38 $14,576.90 $29,153.80
Net Cash Flow $22,284.62 $111,423.10 $222,846.20
HOA Fees $9,635.04 $48,175.20 $96,350.40