701 S MADISON AVE #410 (MLS: TB8394476) For Sale

701 S MADISON AVE #410, (Pinellas), Clearwater Florida 33756

Currently Rented at $1,700.00 / month

Area: 870

Property Info

  • MLS TB8394476
  • Unit No 410
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 870
  • Living Area (sqft) 870
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $496.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Elevator
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Pest Guard System
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat

Buy Price

$
$169,900.00

Rental Price

$
$1,700.00
  • Cap Rate
  • 7.3%
  • Gross Yield
  • 12%
  • Lease End Date
  • -
  • Rent Amount

  • $1,700.00

Cash Flow

Cap Rate7.3 Gross Yield12% Annual Rent$20,400.00 Property Taxes$2,024.74 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,400.00 $1,700.00 / mo $102,000.00 $1,700.00 / mo $204,000.00 $1,700.00 / mo
Estimated Expenses $2,024.74 $10,123.70 $20,247.40
Net Cash Flow $18,375.26 $91,876.30 $183,752.60
HOA Fees $5,952.00 $29,760.00 $59,520.00

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