185 BANYAN BAY DR (MLS: TB8527162) For Sale

185 BANYAN BAY DR, (Pinellas), Saint Petersburg Florida 33705

Currently Rented at $3,990.00 / month

Area: 2230

Property Info

  • MLS TB8527162
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2230
  • Living Area (sqft) 2230
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,124.55

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Coffered Ceiling(s)
  • Eat-in Kitchen
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Tray Ceiling(s)
  • Vaulted Ceiling(s)
  • W

Buy Price

$
$645,000.00

Rental Price

$
$3,990.00
  • Cap Rate
  • 4.4%
  • Gross Yield
  • 7.4%
  • Lease End Date
  • August 31, 2026

  • Rent Amount
  • $3,990.00

Cash Flow

Cap Rate4.4 Gross Yield7.4% Annual Rent$47,880.00 Property Taxes$6,002.21 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $47,880.00 $3,990.00 / mo $239,400.00 $3,990.00 / mo $478,800.00 $3,990.00 / mo
Estimated Expenses $6,002.21 $30,011.05 $60,022.10
Net Cash Flow $41,877.79 $209,388.95 $418,777.90
HOA Fees $13,494.60 $67,473.00 $134,946.00