1209 E CUMBERLAND AVE #505 (MLS: TB8345253) For Sale

1209 E CUMBERLAND AVE #505, (Hillsborough), Tampa Florida 33602

Currently Rented at $4,000.00 / month

Area: 1172

Property Info

  • MLS TB8345253
  • Unit No 505
  • Bedrooms 1
  • Bathrooms 2
  • Area (sqft) 1172
  • Living Area (sqft) 1272
  • Foundation Block
  • Min Lease Block
  • HOA Fees $1,571.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$432,000.00

Rental Price

$
$4,000.00
  • Cap Rate
  • 4.1%
  • Gross Yield
  • 11.1%
  • Lease End Date
  • -

  • Rent Amount
  • $4,000.00

Cash Flow

Cap Rate4.1 Gross Yield11.1% Annual Rent$48,000.00 Property Taxes$11,240.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $48,000.00 $4,000.00 / mo $240,000.00 $4,000.00 / mo $480,000.00 $4,000.00 / mo
Estimated Expenses $11,240.00 $56,200.00 $112,400.00
Net Cash Flow $36,760.00 $183,800.00 $367,600.00
HOA Fees $18,852.00 $94,260.00 $188,520.00