745 PINELLAS BAYWAY S #106 (MLS: TB8507693) For Sale

745 PINELLAS BAYWAY S #106, (Pinellas), Saint Petersburg Florida 33715

Currently Rented at $2,200.00 / month

Area: 1475

Property Info

  • MLS TB8507693
  • Unit No 106
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1475
  • Living Area (sqft) 1475
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,100.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Stone Counters

Buy Price

$
$499,000.00

Rental Price

$
$2,200.00
  • Cap Rate
  • 1%
  • Gross Yield
  • 5.3%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $2,200.00

Cash Flow

Cap Rate1.0 Gross Yield5.3% Annual Rent$26,400.00 Property Taxes$8,152.15 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,400.00 $2,200.00 / mo $132,000.00 $2,200.00 / mo $264,000.00 $2,200.00 / mo
Estimated Expenses $8,152.15 $40,760.75 $81,521.50
Net Cash Flow $18,247.85 $91,239.25 $182,478.50
HOA Fees $13,200.00 $66,000.00 $132,000.00