385 S MCMULLEN BOOTH RD #62 (MLS: TB8431664) For Sale

385 S MCMULLEN BOOTH RD #62, (Pinellas), Clearwater Florida 33759

Currently Rented at $2,100.00 / month

Area: 968

Property Info

  • MLS TB8431664
  • Unit No 62
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 968
  • Living Area (sqft) 968
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $577.17

Interior Features

  • Built-in Features
  • Crown Molding
  • L Dining
  • Living Room/Dining Room Combo
  • Other

Buy Price

$
$223,000.00

Rental Price

$
$2,100.00
  • Cap Rate
  • 7%
  • Gross Yield
  • 11.3%
  • Lease End Date
  • November 20, 2025

  • Rent Amount
  • $2,100.00

Cash Flow

Cap Rate7.0 Gross Yield11.3% Annual Rent$25,200.00 Property Taxes$2,661.70 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $25,200.00 $2,100.00 / mo $126,000.00 $2,100.00 / mo $252,000.00 $2,100.00 / mo
Estimated Expenses $2,661.70 $13,308.50 $26,617.00
Net Cash Flow $22,538.30 $112,691.50 $225,383.00
HOA Fees $6,926.04 $34,630.20 $69,260.40