301 87TH AVE #204 (MLS: TB8469584) For Sale

301 87TH AVE #204, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $2,500.00 / month

Area: 1050

Property Info

  • MLS TB8469584
  • Unit No 204
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1050
  • Living Area (sqft) 1050
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $743.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Solid Wood Cabinets
  • Split Bedroom
  • Stone Counters
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$349,900.00

Rental Price

$
$2,500.00
  • Cap Rate
  • 5%
  • Gross Yield
  • 8.6%
  • Lease End Date
  • December 31, 2026

  • Rent Amount
  • $2,500.00

Cash Flow

Cap Rate5.0 Gross Yield8.6% Annual Rent$30,000.00 Property Taxes$3,614.19 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,000.00 $2,500.00 / mo $150,000.00 $2,500.00 / mo $300,000.00 $2,500.00 / mo
Estimated Expenses $3,614.19 $18,070.95 $36,141.90
Net Cash Flow $26,385.81 $131,929.05 $263,858.10
HOA Fees $8,916.00 $44,580.00 $89,160.00