9100 DR MARTIN LUTHER KING JR ST N #203 (MLS: TB8416596) For Sale

9100 DR MARTIN LUTHER KING JR ST N #203, (Pinellas), Saint Petersburg Florida 33702

Currently Rented at $1,400.00 / month

Area: 940

Property Info

  • MLS TB8416596
  • Unit No 203
  • 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)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$163,500.00

Rental Price

$
$1,400.00
  • Cap Rate
  • 4.1%
  • Gross Yield
  • 10.3%
  • Lease End Date
  • August 31, 2025
  • Rent Amount

  • $1,400.00

Cash Flow

Cap Rate4.1 Gross Yield10.3% Annual Rent$16,800.00 Property Taxes$2,742.98 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,800.00 $1,400.00 / mo $84,000.00 $1,400.00 / mo $168,000.00 $1,400.00 / mo
Estimated Expenses $2,742.98 $13,714.90 $27,429.80
Net Cash Flow $14,057.02 $70,285.10 $140,570.20
HOA Fees $7,367.88 $36,839.40 $73,678.80