2960 59TH ST S #105 (MLS: TB8431680) For Sale

2960 59TH ST S #105, (Pinellas), Saint Petersburg Florida 33707

Currently Rented at $2,000.00 / month

Area: 1120

Property Info

  • MLS TB8431680
  • Unit No 105
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1120
  • Living Area (sqft) 1120
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $900.00

Interior Features

  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Stone Counters
  • Window Treatments

Buy Price

$
$199,500.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 4.8%
  • Gross Yield
  • 12%
  • Lease End Date
  • April 01, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate4.8 Gross Yield12% Annual Rent$24,000.00 Property Taxes$3,644.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $3,644.00 $18,220.00 $36,440.00
Net Cash Flow $20,356.00 $101,780.00 $203,560.00
HOA Fees $10,800.00 $54,000.00 $108,000.00