1209 E CUMBERLAND AVE #1003 (MLS: TB8395358) For Sale

1209 E CUMBERLAND AVE #1003, (Hillsborough), Tampa Florida 33602

Currently Rented at $5,500.00 / month

Area: -

Property Info

  • MLS TB8395358
  • Unit No 1003
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1165
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $1,440.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Elevator
  • High Ceilings
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$829,999.00

Rental Price

$
$5,500.00
  • Cap Rate
  • 5.2%
  • Gross Yield
  • 8%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $5,500.00

Cash Flow

Cap Rate5.2 Gross Yield8% Annual Rent$66,000.00 Property Taxes$5,714.20 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 $5,714.20 $28,571.00 $57,142.00
Net Cash Flow $60,285.80 $301,429.00 $602,858.00
HOA Fees $17,280.00 $86,400.00 $172,800.00