470 3RD ST S #515 (MLS: TB8526859) For Sale

470 3RD ST S #515, (Pinellas), Saint Petersburg Florida 33701

Currently Rented at $1,625.00 / month

Area: 475

Property Info

  • MLS TB8526859
  • Unit No 515
  • Bedrooms 0
  • Bathrooms 1
  • Area (sqft) 475
  • Living Area (sqft) 475
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $539.00

Interior Features

  • Built-in Features
  • Solid Wood Cabinets
  • Window Treatments

Buy Price

$
$200,000.00

Rental Price

$
$1,625.00
  • Cap Rate
  • 5%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • August 31, 2026

  • Rent Amount
  • $1,625.00

Cash Flow

Cap Rate5.0 Gross Yield9.8% Annual Rent$19,500.00 Property Taxes$2,983.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,500.00 $1,625.00 / mo $97,500.00 $1,625.00 / mo $195,000.00 $1,625.00 / mo
Estimated Expenses $2,983.00 $14,915.00 $29,830.00
Net Cash Flow $16,517.00 $82,585.00 $165,170.00
HOA Fees $6,468.00 $32,340.00 $64,680.00