701 POINSETTIA RD #248 (MLS: TB8413380) For Sale

701 POINSETTIA RD #248, (Pinellas), Clearwater Florida 33756

Currently Rented at $2,200.00 / month

Area: 1200

Property Info

  • MLS TB8413380
  • Unit No 248
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1200
  • Living Area (sqft) 1200
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $700.00

Interior Features

  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat

Buy Price

$
$269,900.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • -

  • Rent Amount
  • $2,200.00

Cash Flow

Cap Rate5.5 Gross Yield9.8% Annual Rent$26,400.00 Property Taxes$3,269.00 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 $3,269.00 $16,345.00 $32,690.00
Net Cash Flow $23,131.00 $115,655.00 $231,310.00
HOA Fees $8,400.00 $42,000.00 $84,000.00