421 11TH AVE NE (MLS: TB8420833) For Sale

421 11TH AVE NE, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $8,300.00 / month

Area: 2724

Property Info

  • MLS TB8420833
  • Unit No -
  • Bedrooms 5
  • Bathrooms 6
  • Area (sqft) 2724
  • Living Area (sqft) 2673
  • Foundation Crawlspace, Slab
  • Min Lease Crawlspace, Slab

Interior Features

  • Open Floorplan

Buy Price

$
$1,300,000.00

Rental Price

$
$8,300.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 7.7%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $8,300.00

Cash Flow

Cap Rate6.0 Gross Yield7.7% Annual Rent$99,600.00 Property Taxes$21,076.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $99,600.00 $8,300.00 / mo $498,000.00 $8,300.00 / mo $996,000.00 $8,300.00 / mo
Estimated Expenses $21,076.00 $105,380.00 $210,760.00
Net Cash Flow $78,524.00 $392,620.00 $785,240.00