3247 38TH WAY S #C (MLS: TB8459156) For Sale

3247 38TH WAY S #C, (Pinellas), Saint Petersburg Florida 33711

Currently Rented at $1,950.00 / month

Area: 1180

Property Info

  • MLS TB8459156
  • Unit No C
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1180
  • Living Area (sqft) 1180
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $868.00

Interior Features

  • Ceiling Fans(s)
  • PrimaryBedroom Upstairs
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$229,000.00

Rental Price

$
$1,950.00
  • Cap Rate
  • 4.4%
  • Gross Yield
  • 10.2%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $1,950.00

Cash Flow

Cap Rate4.4 Gross Yield10.2% Annual Rent$23,400.00 Property Taxes$2,926.55 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,400.00 $1,950.00 / mo $117,000.00 $1,950.00 / mo $234,000.00 $1,950.00 / mo
Estimated Expenses $2,926.55 $14,632.75 $29,265.50
Net Cash Flow $20,473.45 $102,367.25 $204,734.50
HOA Fees $10,416.00 $52,080.00 $104,160.00