9100 DR MARTIN LUTHER KING JR ST N #202 (MLS: TB8416315) For Sale

9100 DR MARTIN LUTHER KING JR ST N #202, (Pinellas), Saint Petersburg Florida 33702

Currently Rented at $1,450.00 / month

Area: 940

Property Info

  • MLS TB8416315
  • Unit No 202
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 940
  • Living Area (sqft) 940
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $613.99

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$163,500.00

Rental Price

$
$1,450.00
  • Cap Rate
  • 4.4%
  • Gross Yield
  • 10.6%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $1,450.00

Cash Flow

Cap Rate4.4 Gross Yield10.6% Annual Rent$17,400.00 Property Taxes$2,880.09 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $17,400.00 $1,450.00 / mo $87,000.00 $1,450.00 / mo $174,000.00 $1,450.00 / mo
Estimated Expenses $2,880.09 $14,400.45 $28,800.90
Net Cash Flow $14,519.91 $72,599.55 $145,199.10
HOA Fees $7,367.88 $36,839.40 $73,678.80