1216 S MISSOURI AVE #418 (MLS: TB8465814) For Sale

1216 S MISSOURI AVE #418, (Pinellas), Clearwater Florida 33756

Currently Rented at $2,150.00 / month

Area: 1010

Property Info

  • MLS TB8465814
  • Unit No 418
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1010
  • Living Area (sqft) 1010
  • Foundation Pillar/Post/Pier, Stem Wall
  • Min Lease Pillar/Post/Pier, Stem Wall
  • HOA Fees $940.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Split Bedroom
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$249,000.00

Rental Price

$
$2,150.00
  • Cap Rate
  • 4.5%
  • Gross Yield
  • 10.4%
  • Lease End Date
  • May 09, 2026
  • Rent Amount

  • $2,150.00

Cash Flow

Cap Rate4.5 Gross Yield10.4% Annual Rent$25,800.00 Property Taxes$3,331.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $25,800.00 $2,150.00 / mo $129,000.00 $2,150.00 / mo $258,000.00 $2,150.00 / mo
Estimated Expenses $3,331.00 $16,655.00 $33,310.00
Net Cash Flow $22,469.00 $112,345.00 $224,690.00
HOA Fees $11,280.00 $56,400.00 $112,800.00

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