5040 TERRACE PALMS CIR #102 (MLS: TB8471874) For Sale

5040 TERRACE PALMS CIR #102, (Hillsborough), Tampa Florida 33617

Currently Rented at $1,500.00 / month

Area: 900

Property Info

  • MLS TB8471874
  • Unit No 102
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 900
  • Living Area (sqft) 879
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $415.00

Interior Features

  • Living Room/Dining Room Combo
  • Open Floorplan
  • Stone Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$159,999.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 7%
  • Gross Yield
  • 11.3%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate7.0 Gross Yield11.3% Annual Rent$18,000.00 Property Taxes$1,878.07 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,878.07 $9,390.35 $18,780.70
Net Cash Flow $16,121.93 $80,609.65 $161,219.30
HOA Fees $4,980.00 $24,900.00 $49,800.00