601 & 605 2ND ST (MLS: TB8394698) For Sale

601 & 605 2ND ST, (Pinellas), Indian Rocks Beach Florida 33785

Currently Rented at $2,500.00 / month

Area: -

Property Info

  • MLS TB8394698
  • Unit No -
  • Bedrooms 6
  • Bathrooms 8
  • Area (sqft) -
  • Living Area (sqft) 4080
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • PrimaryBedroom Upstairs
  • Stone Counters
  • Walk-In Closet(s)

Buy Price

$
$1,799,900.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 0.6%
  • Gross Yield
  • 1.7%
  • Lease End Date
  • December 31, 2023

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate0.6 Gross Yield1.7% Annual Rent$30,000.00 Property Taxes$19,578.60 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $19,578.60 $97,893.00 $195,786.00
Net Cash Flow $10,421.40 $52,107.00 $104,214.00