5400 3RD AVE N (MLS: TB8423494) For Sale

5400 3RD AVE N, (Pinellas), Saint Petersburg Florida 33710

Currently Rented at $2,500.00 / month

Area: 1222

Property Info

  • MLS TB8423494
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 1222
  • Living Area (sqft) 952
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Window Treatments

Buy Price

$
$355,000.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 6.8%
  • Gross Yield
  • 8.5%
  • Lease End Date
  • October 01, 2025

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate6.8 Gross Yield8.5% Annual Rent$30,000.00 Property Taxes$5,952.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $5,952.00 $29,760.00 $59,520.00
Net Cash Flow $24,048.00 $120,240.00 $240,480.00