2 N FERNWOOD AVE #7 (MLS: TB8517406) For Sale

2 N FERNWOOD AVE #7, (Pinellas), Clearwater Florida 33765

Currently Rented at $1,400.00 / month

Area: 800

Property Info

  • MLS TB8517406
  • Unit No 7
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 800
  • Living Area (sqft) 800
  • Foundation Concrete Perimeter, Slab
  • Min Lease Concrete Perimeter, Slab
  • HOA Fees $536.00

Interior Features

  • Open Floorplan
  • Solid Surface Counters
  • Thermostat

Buy Price

$
$99,900.00

Rental Price

$
$1,400.00
  • Cap Rate
  • 8.9%
  • Gross Yield
  • 16.8%
  • Lease End Date
  • -

  • Rent Amount
  • $1,400.00

Cash Flow

Cap Rate8.9 Gross Yield16.8% Annual Rent$16,800.00 Property Taxes$1,460.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,800.00 $1,400.00 / mo $84,000.00 $1,400.00 / mo $168,000.00 $1,400.00 / mo
Estimated Expenses $1,460.00 $7,300.00 $14,600.00
Net Cash Flow $15,340.00 $76,700.00 $153,400.00
HOA Fees $6,432.00 $32,160.00 $64,320.00