1600 DELAWARE AVE NE (MLS: TB8438570) For Sale

1600 DELAWARE AVE NE, (Pinellas), Saint Petersburg Florida 33703

Currently Rented at $3,400.00 / month

Area: 1636

Property Info

  • MLS TB8438570
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1636
  • Living Area (sqft) 1324
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Thermostat

Buy Price

$
$399,000.00

Rental Price

$
$3,400.00
  • Cap Rate
  • 8.5%
  • Gross Yield
  • 10.2%
  • Lease End Date
  • July 05, 2026
  • Rent Amount

  • $3,400.00

Cash Flow

Cap Rate8.5 Gross Yield10.2% Annual Rent$40,800.00 Property Taxes$6,926.41 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $40,800.00 $3,400.00 / mo $204,000.00 $3,400.00 / mo $408,000.00 $3,400.00 / mo
Estimated Expenses $6,926.41 $34,632.05 $69,264.10
Net Cash Flow $33,873.59 $169,367.95 $338,735.90

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