216 16TH AVE SE (MLS: TB8501377) For Sale

216 16TH AVE SE, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $3,300.00 / month

Area: 2426

Property Info

  • MLS TB8501377
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 2426
  • Living Area (sqft) 1765
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$765,000.00

Rental Price

$
$3,300.00
  • Cap Rate
  • 3.6%
  • Gross Yield
  • 5.2%
  • Lease End Date
  • -

  • Rent Amount
  • $3,300.00

Cash Flow

Cap Rate3.6 Gross Yield5.2% Annual Rent$39,600.00 Property Taxes$12,415.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $39,600.00 $3,300.00 / mo $198,000.00 $3,300.00 / mo $396,000.00 $3,300.00 / mo
Estimated Expenses $12,415.00 $62,075.00 $124,150.00
Net Cash Flow $27,185.00 $135,925.00 $271,850.00