1423 DR MARTIN LUTHER KING JR ST N (MLS: TB8391638) For Sale

1423 DR MARTIN LUTHER KING JR ST N, (Pinellas), Saint Petersburg Florida 33704

Currently Rented at $5,250.00 / month

Area: -

Property Info

  • MLS TB8391638
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 2208
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • High Ceilings
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat
  • Window Treatments

Buy Price

$
$950,000.00

Rental Price

$
$5,250.00
  • Cap Rate
  • 5.2%
  • Gross Yield
  • 6.6%
  • Lease End Date
  • October 31, 2025
  • Rent Amount

  • $5,250.00

Cash Flow

Cap Rate5.2 Gross Yield6.6% Annual Rent$63,000.00 Property Taxes$13,270.60 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $63,000.00 $5,250.00 / mo $315,000.00 $5,250.00 / mo $630,000.00 $5,250.00 / mo
Estimated Expenses $13,270.60 $66,353.00 $132,706.00
Net Cash Flow $49,729.40 $248,647.00 $497,294.00