1550 S BELCHER RD #117 (MLS: TB8544580) For Sale

1550 S BELCHER RD #117, (Pinellas), Clearwater Florida 33764

Currently Rented at $1,900.00 / month

Area: 1250

Property Info

  • MLS TB8544580
  • Unit No 117
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1250
  • Living Area (sqft) 1250
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $789.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$179,000.00

Rental Price

$
$1,900.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 12.7%
  • Lease End Date
  • October 31, 2026
  • Rent Amount

  • $1,900.00

Cash Flow

Cap Rate5.3 Gross Yield12.7% Annual Rent$22,800.00 Property Taxes$3,921.67 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,800.00 $1,900.00 / mo $114,000.00 $1,900.00 / mo $228,000.00 $1,900.00 / mo
Estimated Expenses $3,921.67 $19,608.35 $39,216.70
Net Cash Flow $18,878.33 $94,391.65 $188,783.30
HOA Fees $9,468.00 $47,340.00 $94,680.00

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