1501 N MORGAN ST #5 (MLS: TB8430353) For Sale

1501 N MORGAN ST #5, (Hillsborough), Tampa Florida 33602

Currently Rented at $3,600.00 / month

Area: 1708

Property Info

  • MLS TB8430353
  • Unit No 5
  • Bedrooms 3
  • Bathrooms 4
  • Area (sqft) 1708
  • Living Area (sqft) 1458
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $370.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • High Ceilings
  • In Wall Pest System
  • Kitchen/Family Room Combo
  • PrimaryBedroom Upstairs
  • Solid Surface Counters

Buy Price

$
$560,000.00

Rental Price

$
$3,600.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 7.7%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $3,600.00

Cash Flow

Cap Rate5.6 Gross Yield7.7% Annual Rent$43,200.00 Property Taxes$7,160.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $43,200.00 $3,600.00 / mo $216,000.00 $3,600.00 / mo $432,000.00 $3,600.00 / mo
Estimated Expenses $7,160.00 $35,800.00 $71,600.00
Net Cash Flow $36,040.00 $180,200.00 $360,400.00
HOA Fees $4,440.00 $22,200.00 $44,400.00