372 MOORINGS COVE DR #372 (MLS: TB8505023) For Sale

372 MOORINGS COVE DR #372, (Pinellas), Tarpon Springs Florida 34689

Currently Rented at $1,500.00 / month

Area: 940

Property Info

  • MLS TB8505023
  • Unit No 372
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 940
  • Living Area (sqft) 740
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $599.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$179,900.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 4.9%
  • Gross Yield
  • 10%
  • Lease End Date
  • February 28, 2027

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate4.9 Gross Yield10% Annual Rent$18,000.00 Property Taxes$1,977.35 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 $1,977.35 $9,886.75 $19,773.50
Net Cash Flow $16,022.65 $80,113.25 $160,226.50
HOA Fees $7,188.00 $35,940.00 $71,880.00