1108 N FRANKLIN ST #602 (MLS: TB8401049) For Sale

1108 N FRANKLIN ST #602, (Hillsborough), Tampa Florida 33602

Currently Rented at $3,000.00 / month

Area: -

Property Info

  • MLS TB8401049
  • Unit No 602
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 1045
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $629.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Dry Bar
  • High Ceilings
  • Open Floorplan
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$425,000.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 8.5%
  • Lease End Date
  • August 09, 2025

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate5.4 Gross Yield8.5% Annual Rent$36,000.00 Property Taxes$5,632.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $5,632.00 $28,160.00 $56,320.00
Net Cash Flow $30,368.00 $151,840.00 $303,680.00
HOA Fees $7,548.00 $37,740.00 $75,480.00