2617 COVE CAY DR #711 (MLS: TB8479199) For Sale

2617 COVE CAY DR #711, (Pinellas), Clearwater Florida 33760

Currently Rented at $2,600.00 / month

Area: 1250

Property Info

  • MLS TB8479199
  • Unit No 711
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1250
  • Living Area (sqft) 1250
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $722.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$287,900.00

Rental Price

$
$2,600.00
  • Cap Rate
  • 7.8%
  • Gross Yield
  • 10.8%
  • Lease End Date
  • September 30, 2026
  • Rent Amount

  • $2,600.00

Cash Flow

Cap Rate7.8 Gross Yield10.8% Annual Rent$31,200.00 Property Taxes$53.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,200.00 $2,600.00 / mo $156,000.00 $2,600.00 / mo $312,000.00 $2,600.00 / mo
Estimated Expenses $53.00 $265.00 $530.00
Net Cash Flow $31,147.00 $155,735.00 $311,470.00
HOA Fees $8,664.00 $43,320.00 $86,640.00

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