3300 COVE CAY DR #1C (MLS: TB8530090) For Sale

3300 COVE CAY DR #1C, (Pinellas), Clearwater Florida 33760

Currently Rented at $1,650.00 / month

Area: 1070

Property Info

  • MLS TB8530090
  • Unit No 1C
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1070
  • Living Area (sqft) 1070
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $731.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Walk-In Closet(s)

Buy Price

$
$225,000.00

Rental Price

$
$1,650.00
  • Cap Rate
  • 3.6%
  • Gross Yield
  • 8.8%
  • Lease End Date
  • April 30, 2027

  • Rent Amount
  • $1,650.00

Cash Flow

Cap Rate3.6 Gross Yield8.8% Annual Rent$19,800.00 Property Taxes$2,992.63 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,800.00 $1,650.00 / mo $99,000.00 $1,650.00 / mo $198,000.00 $1,650.00 / mo
Estimated Expenses $2,992.63 $14,963.15 $29,926.30
Net Cash Flow $16,807.37 $84,036.85 $168,073.70
HOA Fees $8,772.00 $43,860.00 $87,720.00