2042 AUSTRALIA WAY W #2 (MLS: TB8413712) For Sale

2042 AUSTRALIA WAY W #2, (Pinellas), Clearwater Florida 33763

Currently Rented at $1,785.00 / month

Area: 1100

Property Info

  • MLS TB8413712
  • Unit No 2
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1100
  • Living Area (sqft) 1100
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $542.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Thermostat

Buy Price

$
$199,900.00

Rental Price

$
$1,785.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 10.7%
  • Lease End Date
  • November 30, 2025

  • Rent Amount
  • $1,785.00

Cash Flow

Cap Rate6.0 Gross Yield10.7% Annual Rent$21,420.00 Property Taxes$2,990.17 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,420.00 $1,785.00 / mo $107,100.00 $1,785.00 / mo $214,200.00 $1,785.00 / mo
Estimated Expenses $2,990.17 $14,950.85 $29,901.70
Net Cash Flow $18,429.83 $92,149.15 $184,298.30
HOA Fees $6,504.00 $32,520.00 $65,040.00