115 112TH AVE NE #406 (MLS: TB8498954) For Sale

115 112TH AVE NE #406, (Pinellas), Saint Petersburg Florida 33716

Currently Rented at $1,950.00 / month

Area: 1150

Property Info

  • MLS TB8498954
  • Unit No 406
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1150
  • Living Area (sqft) 950
  • Foundation Crawlspace
  • Min Lease Crawlspace
  • HOA Fees $480.53

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Open Floorplan
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$205,000.00

Rental Price

$
$1,950.00
  • Cap Rate
  • 7.3%
  • Gross Yield
  • 11.4%
  • Lease End Date
  • April 30, 2026

  • Rent Amount
  • $1,950.00

Cash Flow

Cap Rate7.3 Gross Yield11.4% Annual Rent$23,400.00 Property Taxes$2,697.05 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,400.00 $1,950.00 / mo $117,000.00 $1,950.00 / mo $234,000.00 $1,950.00 / mo
Estimated Expenses $2,697.05 $13,485.25 $26,970.50
Net Cash Flow $20,702.95 $103,514.75 $207,029.50
HOA Fees $5,766.36 $28,831.80 $57,663.60