7003 SUNSET WAY #3 (MLS: TB8527980) For Sale

7003 SUNSET WAY #3, (Pinellas), Saint Petersburg Florida 33706

Currently Rented at $3,100.00 / month

Area: 1480

Property Info

  • MLS TB8527980
  • Unit No 3
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1480
  • Living Area (sqft) 1364
  • Foundation Block
  • Min Lease Block
  • HOA Fees $826.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$509,000.00

Rental Price

$
$3,100.00
  • Cap Rate
  • 4.5%
  • Gross Yield
  • 7.3%
  • Lease End Date
  • July 01, 2027

  • Rent Amount
  • $3,100.00

Cash Flow

Cap Rate4.5 Gross Yield7.3% Annual Rent$37,200.00 Property Taxes$4,227.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $37,200.00 $3,100.00 / mo $186,000.00 $3,100.00 / mo $372,000.00 $3,100.00 / mo
Estimated Expenses $4,227.00 $21,135.00 $42,270.00
Net Cash Flow $32,973.00 $164,865.00 $329,730.00
HOA Fees $9,912.00 $49,560.00 $99,120.00