1221 DREW ST #B3 (MLS: TB8459988) For Sale

1221 DREW ST #B3, (Pinellas), Clearwater Florida 33755

Currently Rented at $1,300.00 / month

Area: 705

Property Info

  • MLS TB8459988
  • Unit No B3
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 705
  • Living Area (sqft) 705
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $450.00

Interior Features

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

Buy Price

$
$95,000.00

Rental Price

$
$1,300.00
  • Cap Rate
  • 9.4%
  • Gross Yield
  • 16.4%
  • Lease End Date
  • December 31, 2026

  • Rent Amount
  • $1,300.00

Cash Flow

Cap Rate9.4 Gross Yield16.4% Annual Rent$15,600.00 Property Taxes$1,267.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $15,600.00 $1,300.00 / mo $78,000.00 $1,300.00 / mo $156,000.00 $1,300.00 / mo
Estimated Expenses $1,267.00 $6,335.00 $12,670.00
Net Cash Flow $14,333.00 $71,665.00 $143,330.00
HOA Fees $5,400.00 $27,000.00 $54,000.00