325 22ND AVE NE (MLS: TB8409722) For Sale

325 22ND AVE NE, (Pinellas), Saint Petersburg Florida 33704

Currently Rented at $18,000.00 / month

Area: -

Property Info

  • MLS TB8409722
  • Unit No -
  • Bedrooms 4
  • Bathrooms 5
  • Area (sqft) -
  • Living Area (sqft) 3164
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Smart Home
  • Solid Surface Counters
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$3,000,000.00

Rental Price

$
$18,000.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • September 09, 2025

  • Rent Amount
  • $18,000.00

Cash Flow

Cap Rate6.4 Gross Yield7.2% Annual Rent$216,000.00 Property Taxes$23,249.90 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $216,000.00 $18,000.00 / mo $1,080,000.00 $18,000.00 / mo $2,160,000.00 $18,000.00 / mo
Estimated Expenses $23,249.90 $116,249.50 $232,499.00
Net Cash Flow $192,750.10 $963,750.50 $1,927,501.00