700 S HARBOUR ISLAND BLVD #245 (MLS: TB8494213) For Sale

700 S HARBOUR ISLAND BLVD #245, (Hillsborough), Tampa Florida 33602

Currently Rented at $3,400.00 / month

Area: 1344

Property Info

  • MLS TB8494213
  • Unit No 245
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1344
  • Living Area (sqft) 1344
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $796.00

Interior Features

  • Crown Molding
  • Solid Surface Counters
  • Walk-In Closet(s)

Buy Price

$
$569,000.00

Rental Price

$
$3,400.00
  • Cap Rate
  • 3.9%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • June 30, 2027

  • Rent Amount
  • $3,400.00

Cash Flow

Cap Rate3.9 Gross Yield7.2% Annual Rent$40,800.00 Property Taxes$9,054.49 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $40,800.00 $3,400.00 / mo $204,000.00 $3,400.00 / mo $408,000.00 $3,400.00 / mo
Estimated Expenses $9,054.49 $45,272.45 $90,544.90
Net Cash Flow $31,745.51 $158,727.55 $317,455.10
HOA Fees $9,552.00 $47,760.00 $95,520.00