701 S MADISON AVE #515 (MLS: TB8543242) For Sale

701 S MADISON AVE #515, (Pinellas), Clearwater Florida 33756

Currently Rented at $1,750.00 / month

Area: 870

Property Info

  • MLS TB8543242
  • Unit No 515
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 870
  • Living Area (sqft) 870
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $555.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$1,750.00

Rental Price

$
$1,750.00
  • Cap Rate
  • 676.6%
  • Gross Yield
  • 1200%
  • Lease End Date
  • December 31, 2026
  • Rent Amount

  • $1,750.00

Cash Flow

Cap Rate676.6 Gross Yield1200% Annual Rent$21,000.00 Property Taxes$2,500.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,000.00 $1,750.00 / mo $105,000.00 $1,750.00 / mo $210,000.00 $1,750.00 / mo
Estimated Expenses $2,500.00 $12,500.00 $25,000.00
Net Cash Flow $18,500.00 $92,500.00 $185,000.00
HOA Fees $6,660.00 $33,300.00 $66,600.00

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