5575 GULF BLVD #424 (MLS: TB8448535) For Sale

5575 GULF BLVD #424, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $3,000.00 / month

Area: 1350

Property Info

  • MLS TB8448535
  • Unit No 424
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1350
  • Living Area (sqft) 1350
  • Foundation Block, Concrete Perimeter, Slab
  • Min Lease Block, Concrete Perimeter, Slab
  • HOA Fees $738.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$302,623.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 11.9%
  • Lease End Date
  • -

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate7.2 Gross Yield11.9% Annual Rent$36,000.00 Property Taxes$5,315.83 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $5,315.83 $26,579.15 $53,158.30
Net Cash Flow $30,684.17 $153,420.85 $306,841.70
HOA Fees $8,856.00 $44,280.00 $88,560.00