736 ISLAND WAY #201 (MLS: TB8461051) For Sale

736 ISLAND WAY #201, (Pinellas), Clearwater Beach Florida 33767

Currently Rented at $2,050.00 / month

Area: 1235

Property Info

  • MLS TB8461051
  • Unit No 201
  • Bedrooms 1
  • Bathrooms 2
  • Area (sqft) 1235
  • Living Area (sqft) 1235
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $753.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Stone Counters
  • Thermostat

Buy Price

$
$299,900.00

Rental Price

$
$2,050.00
  • Cap Rate
  • 3.4%
  • Gross Yield
  • 8.2%
  • Lease End Date
  • August 24, 2026

  • Rent Amount
  • $2,050.00

Cash Flow

Cap Rate3.4 Gross Yield8.2% Annual Rent$24,600.00 Property Taxes$5,500.72 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,600.00 $2,050.00 / mo $123,000.00 $2,050.00 / mo $246,000.00 $2,050.00 / mo
Estimated Expenses $5,500.72 $27,503.60 $55,007.20
Net Cash Flow $19,099.28 $95,496.40 $190,992.80
HOA Fees $9,036.00 $45,180.00 $90,360.00