111 SEAHORSE DR SE #A (MLS: TB8539195) For Sale

111 SEAHORSE DR SE #A, (Pinellas), Saint Petersburg Florida 33705

Currently Rented at $2,550.00 / month

Area: 1056

Property Info

  • MLS TB8539195
  • Unit No A
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1056
  • Living Area (sqft) 1056
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $886.00

Interior Features

  • Eat-in Kitchen
  • Open Floorplan
  • Walk-In Closet(s)

Buy Price

$
$265,000.00

Rental Price

$
$2,550.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 11.5%
  • Lease End Date
  • August 31, 2026
  • Rent Amount

  • $2,550.00

Cash Flow

Cap Rate5.5 Gross Yield11.5% Annual Rent$30,600.00 Property Taxes$5,370.45 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $30,600.00 $2,550.00 / mo $153,000.00 $2,550.00 / mo $306,000.00 $2,550.00 / mo
Estimated Expenses $5,370.45 $26,852.25 $53,704.50
Net Cash Flow $25,229.55 $126,147.75 $252,295.50
HOA Fees $10,632.00 $53,160.00 $106,320.00

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