101 MARINA DEL REY CT (MLS: TB8388021) For Sale

101 MARINA DEL REY CT, (Pinellas), Clearwater Beach Florida 33767

Currently Rented at $5,000.00 / month

Area: 2150

Property Info

  • MLS TB8388021
  • Unit No -
  • Bedrooms 4
  • Bathrooms 4
  • Area (sqft) 2150
  • Living Area (sqft) 2150
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $275.00

Interior Features

  • Ceiling Fans(s)
  • Central Vaccum
  • Coffered Ceiling(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • L Dining
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$1,148,000.00

Rental Price

$
$5,000.00
  • Cap Rate
  • 3.2%
  • Gross Yield
  • 5.2%
  • Lease End Date
  • May 01, 2026

  • Rent Amount
  • $5,000.00

Cash Flow

Cap Rate3.2 Gross Yield5.2% Annual Rent$60,000.00 Property Taxes$20,171.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $60,000.00 $5,000.00 / mo $300,000.00 $5,000.00 / mo $600,000.00 $5,000.00 / mo
Estimated Expenses $20,171.00 $100,855.00 $201,710.00
Net Cash Flow $39,829.00 $199,145.00 $398,290.00
HOA Fees $3,300.00 $16,500.00 $33,000.00