1209 E CUMBERLAND AVE #901 (MLS: TB8469519) For Sale

1209 E CUMBERLAND AVE #901, (Hillsborough), Tampa Florida 33602

Currently Rented at $3,750.00 / month

Area: 1497

Property Info

  • MLS TB8469519
  • Unit No 901
  • Bedrooms 1
  • Bathrooms 2
  • Area (sqft) 1497
  • Living Area (sqft) 1172
  • Foundation Pillar/Post/Pier
  • Min Lease Pillar/Post/Pier
  • HOA Fees $1,372.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$690,000.00

Rental Price

$
$3,750.00
  • Cap Rate
  • 2.5%
  • Gross Yield
  • 6.5%
  • Lease End Date
  • March 31, 2026

  • Rent Amount
  • $3,750.00

Cash Flow

Cap Rate2.5 Gross Yield6.5% Annual Rent$45,000.00 Property Taxes$11,118.60 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $45,000.00 $3,750.00 / mo $225,000.00 $3,750.00 / mo $450,000.00 $3,750.00 / mo
Estimated Expenses $11,118.60 $55,593.00 $111,186.00
Net Cash Flow $33,881.40 $169,407.00 $338,814.00
HOA Fees $16,464.00 $82,320.00 $164,640.00