750 4TH AVE S #405D (MLS: TB8454786) For Sale

750 4TH AVE S #405D, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $3,400.00 / month

Area: 1640

Property Info

  • MLS TB8454786
  • Unit No 405D
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1640
  • Living Area (sqft) 1640
  • Foundation Block
  • Min Lease Block
  • HOA Fees $842.00

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Split Bedroom
  • Stone Counters
  • Walk-In Closet(s)

Buy Price

$
$750,000.00

Rental Price

$
$3,400.00
  • Cap Rate
  • 2.8%
  • Gross Yield
  • 5.4%
  • Lease End Date
  • December 31, 2025

  • Rent Amount
  • $3,400.00

Cash Flow

Cap Rate2.8 Gross Yield5.4% Annual Rent$40,800.00 Property Taxes$9,875.42 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 $9,875.42 $49,377.10 $98,754.20
Net Cash Flow $30,924.58 $154,622.90 $309,245.80
HOA Fees $10,104.00 $50,520.00 $101,040.00