722 116TH AVE N #2002 (MLS: TB8349076) For Sale

722 116TH AVE N #2002, (Pinellas), Saint Petersburg Florida 33716

Currently Rented at $2,200.00 / month

Area: -

Property Info

  • MLS TB8349076
  • Unit No 2002
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1100
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $615.00

Interior Features

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

Buy Price

$
$239,000.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 7.4%
  • Gross Yield
  • 11%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $2,200.00

Cash Flow

Cap Rate7.4 Gross Yield11% Annual Rent$26,400.00 Property Taxes$1,268.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,400.00 $2,200.00 / mo $132,000.00 $2,200.00 / mo $264,000.00 $2,200.00 / mo
Estimated Expenses $1,268.00 $6,340.00 $12,680.00
Net Cash Flow $25,132.00 $125,660.00 $251,320.00
HOA Fees $7,380.00 $36,900.00 $73,800.00