2428 COLUMBIA DR #64 (MLS: TB8454922) For Sale

2428 COLUMBIA DR #64, (Pinellas), Clearwater Florida 33763

Currently Rented at $1,500.00 / month

Area: 1100

Property Info

  • MLS TB8454922
  • Unit No 64
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1100
  • Living Area (sqft) 1100
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $518.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$179,900.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 10%
  • Lease End Date
  • April 30, 2025

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate6.4 Gross Yield10% Annual Rent$18,000.00 Property Taxes$218.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $218.00 $1,090.00 $2,180.00
Net Cash Flow $17,782.00 $88,910.00 $177,820.00
HOA Fees $6,216.00 $31,080.00 $62,160.00