5000 GULF BLVD #304 (MLS: TB8351203) For Sale

5000 GULF BLVD #304, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $4,000.00 / month

Area: -

Property Info

  • MLS TB8351203
  • Unit No 304
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1420
  • Foundation Block, Slab
  • Min Lease Block, Slab
  • HOA Fees $1,400.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding

Buy Price

$
$747,875.00

Rental Price

$
$4,000.00
  • Cap Rate
  • 2.9%
  • Gross Yield
  • 6.4%
  • Lease End Date
  • -

  • Rent Amount
  • $4,000.00

Cash Flow

Cap Rate2.9 Gross Yield6.4% Annual Rent$48,000.00 Property Taxes$9,568.32 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 $9,568.32 $47,841.60 $95,683.20
Net Cash Flow $38,431.68 $192,158.40 $384,316.80
HOA Fees $16,800.00 $84,000.00 $168,000.00