2621 COVE CAY DR #309 (MLS: TB8396275) For Sale

2621 COVE CAY DR #309, (Pinellas), Clearwater Florida 33760

Currently Rented at $1,825.00 / month

Area: 1250

Property Info

  • MLS TB8396275
  • Unit No 309
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1250
  • Living Area (sqft) 1250
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $944.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$190,000.00

Rental Price

$
$1,825.00
  • Cap Rate
  • 3.3%
  • Gross Yield
  • 11.5%
  • Lease End Date
  • November 30, 2026

  • Rent Amount
  • $1,825.00

Cash Flow

Cap Rate3.3 Gross Yield11.5% Annual Rent$21,900.00 Property Taxes$4,367.18 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,900.00 $1,825.00 / mo $109,500.00 $1,825.00 / mo $219,000.00 $1,825.00 / mo
Estimated Expenses $4,367.18 $21,835.90 $43,671.80
Net Cash Flow $17,532.82 $87,664.10 $175,328.20
HOA Fees $11,328.00 $56,640.00 $113,280.00