215 CENTRAL AVE #2B (MLS: TB8498463) For Sale

215 CENTRAL AVE #2B, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $3,200.00 / month

Area: 1072

Property Info

  • MLS TB8498463
  • Unit No 2B
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1072
  • Living Area (sqft) 1072
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $997.00

Interior Features

  • Ceiling Fans(s)
  • Coffered Ceiling(s)
  • Crown Molding
  • High Ceilings
  • Thermostat

Buy Price

$
$639,999.00

Rental Price

$
$3,200.00
  • Cap Rate
  • 3%
  • Gross Yield
  • 6%
  • Lease End Date
  • January 31, 2027
  • Rent Amount

  • $3,200.00

Cash Flow

Cap Rate3.0 Gross Yield6% Annual Rent$38,400.00 Property Taxes$7,258.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $38,400.00 $3,200.00 / mo $192,000.00 $3,200.00 / mo $384,000.00 $3,200.00 / mo
Estimated Expenses $7,258.00 $36,290.00 $72,580.00
Net Cash Flow $31,142.00 $155,710.00 $311,420.00
HOA Fees $11,964.00 $59,820.00 $119,640.00

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