602 S PROSPECT AVE (MLS: TB8514038) For Sale

602 S PROSPECT AVE, (Pinellas), Clearwater Florida 33756

Currently Rented at $1,695.00 / month

Area: 786

Property Info

  • MLS TB8514038
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 786
  • Living Area (sqft) 786
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$249,000.00

Rental Price

$
$1,695.00
  • Cap Rate
  • 6.7%
  • Gross Yield
  • 8.2%
  • Lease End Date
  • March 12, 2027
  • Rent Amount

  • $1,695.00

Cash Flow

Cap Rate6.7 Gross Yield8.2% Annual Rent$20,340.00 Property Taxes$3,548.68 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $20,340.00 $1,695.00 / mo $101,700.00 $1,695.00 / mo $203,400.00 $1,695.00 / mo
Estimated Expenses $3,548.68 $17,743.40 $35,486.80
Net Cash Flow $16,791.32 $83,956.60 $167,913.20

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