450 TREASURE ISLE CAUSEWAY #411 (MLS: TB8400498) For Sale

450 TREASURE ISLE CAUSEWAY #411, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $2,600.00 / month

Area: -

Property Info

  • MLS TB8400498
  • Unit No 411
  • Bedrooms 1
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 885
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $575.17

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Split Bedroom
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$325,000.00

Rental Price

$
$2,600.00
  • Cap Rate
  • 6.2%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $2,600.00

Cash Flow

Cap Rate6.2 Gross Yield9.6% Annual Rent$31,200.00 Property Taxes$4,264.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,200.00 $2,600.00 / mo $156,000.00 $2,600.00 / mo $312,000.00 $2,600.00 / mo
Estimated Expenses $4,264.00 $21,320.00 $42,640.00
Net Cash Flow $26,936.00 $134,680.00 $269,360.00
HOA Fees $6,902.04 $34,510.20 $69,020.40