1039 53RD AVE N (MLS: TB8528660) For Sale

1039 53RD AVE N, (Pinellas), Saint Petersburg Florida 33703

Currently Rented at $3,750.00 / month

Area: 4460

Property Info

  • MLS TB8528660
  • Unit No -
  • Bedrooms 7
  • Bathrooms 5
  • Area (sqft) 4460
  • Living Area (sqft) 3877
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • High Ceilings
  • PrimaryBedroom Upstairs
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$900,000.00

Rental Price

$
$3,750.00
  • Cap Rate
  • 2.5%
  • Gross Yield
  • 5%
  • Lease End Date
  • July 09, 2027

  • Rent Amount
  • $3,750.00

Cash Flow

Cap Rate2.5 Gross Yield5% Annual Rent$45,000.00 Property Taxes$22,804.70 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $45,000.00 $3,750.00 / mo $225,000.00 $3,750.00 / mo $450,000.00 $3,750.00 / mo
Estimated Expenses $22,804.70 $114,023.50 $228,047.00
Net Cash Flow $22,195.30 $110,976.50 $221,953.00