1320 MORELAND DR #27 (MLS: TB8504362) For Sale

1320 MORELAND DR #27, (Pinellas), Clearwater Florida 33764

Currently Rented at $1,500.00 / month

Area: 720

Property Info

  • MLS TB8504362
  • Unit No 27
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 720
  • Living Area (sqft) 720
  • Foundation Block
  • Min Lease Block
  • HOA Fees $474.00

Interior Features

  • Thermostat

Buy Price

$
$125,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 8.3%
  • Gross Yield
  • 14.4%
  • Lease End Date
  • March 01, 2027

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate8.3 Gross Yield14.4% Annual Rent$18,000.00 Property Taxes$1,892.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $1,892.00 $9,460.00 $18,920.00
Net Cash Flow $16,108.00 $80,540.00 $161,080.00
HOA Fees $5,688.00 $28,440.00 $56,880.00