1216 S MISSOURI AVE #311 (MLS: TB8452070) For Sale

1216 S MISSOURI AVE #311, (Pinellas), Clearwater Florida 33756

Currently Rented at $2,000.00 / month

Area: 1010

Property Info

  • MLS TB8452070
  • Unit No 311
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1010
  • Living Area (sqft) 1010
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $947.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$250,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 3.5%
  • Gross Yield
  • 9.6%
  • Lease End Date
  • July 31, 2026
  • Rent Amount

  • $2,000.00

Cash Flow

Cap Rate3.5 Gross Yield9.6% Annual Rent$24,000.00 Property Taxes$3,986.60 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 $3,986.60 $19,933.00 $39,866.00
Net Cash Flow $20,013.40 $100,067.00 $200,134.00
HOA Fees $11,364.00 $56,820.00 $113,640.00

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