5279 ISLA KEY BLVD S #313 (MLS: TB8356730) For Sale

5279 ISLA KEY BLVD S #313, (Pinellas), Saint Petersburg Florida 33715

Currently Rented at $5,500.00 / month

Area: -

Property Info

  • MLS TB8356730
  • Unit No 313
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1255
  • Foundation Stilt/On Piling
  • Min Lease Stilt/On Piling
  • HOA Fees $710.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$690,000.00

Rental Price

$
$5,500.00
  • Cap Rate
  • 7.1%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • April 30, 2025

  • Rent Amount
  • $5,500.00

Cash Flow

Cap Rate7.1 Gross Yield9.6% Annual Rent$66,000.00 Property Taxes$8,600.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $66,000.00 $5,500.00 / mo $330,000.00 $5,500.00 / mo $660,000.00 $5,500.00 / mo
Estimated Expenses $8,600.00 $43,000.00 $86,000.00
Net Cash Flow $57,400.00 $287,000.00 $574,000.00
HOA Fees $8,520.00 $42,600.00 $85,200.00