5575 GULF BLVD #323 (MLS: TB8454726) For Sale

5575 GULF BLVD #323, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $2,500.00 / month

Area: 1350

Property Info

  • MLS TB8454726
  • Unit No 323
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1350
  • Living Area (sqft) 1350
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $738.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$299,000.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 10%
  • Lease End Date
  • May 31, 2027

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate5.4 Gross Yield10% Annual Rent$30,000.00 Property Taxes$4,863.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $4,863.00 $24,315.00 $48,630.00
Net Cash Flow $25,137.00 $125,685.00 $251,370.00
HOA Fees $8,856.00 $44,280.00 $88,560.00