615 10TH AVE NE #1 (MLS: TB8469782) For Sale

615 10TH AVE NE #1, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $3,000.00 / month

Area: 925

Property Info

  • MLS TB8469782
  • Unit No 1
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 925
  • Living Area (sqft) 925
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,185.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat
  • Window Treatments

Buy Price

$
$449,900.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 3.5%
  • Gross Yield
  • 8%
  • Lease End Date
  • June 01, 2026
  • Rent Amount

  • $3,000.00

Cash Flow

Cap Rate3.5 Gross Yield8% Annual Rent$36,000.00 Property Taxes$6,244.56 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $6,244.56 $31,222.80 $62,445.60
Net Cash Flow $29,755.44 $148,777.20 $297,554.40
HOA Fees $14,220.00 $71,100.00 $142,200.00

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