4525 COVE CIR #1002 (MLS: TB8409915) For Sale

4525 COVE CIR #1002, (Pinellas), Saint Petersburg Florida 33708

Currently Rented at $2,200.00 / month

Area: -

Property Info

  • MLS TB8409915
  • Unit No 1002
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1040
  • Foundation Concrete Perimeter
  • Min Lease Concrete Perimeter
  • HOA Fees $1,002.31

Interior Features

  • Ceiling Fans(s)
  • Elevator
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$329,000.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 3%
  • Gross Yield
  • 8%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $2,200.00

Cash Flow

Cap Rate3.0 Gross Yield8% Annual Rent$26,400.00 Property Taxes$4,417.14 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,400.00 $2,200.00 / mo $132,000.00 $2,200.00 / mo $264,000.00 $2,200.00 / mo
Estimated Expenses $4,417.14 $22,085.70 $44,171.40
Net Cash Flow $21,982.86 $109,914.30 $219,828.60
HOA Fees $12,027.72 $60,138.60 $120,277.20