1423 DR MARTIN LUTHER KING JR ST N (MLS: TB8549181) For Sale

1423 DR MARTIN LUTHER KING JR ST N, (Pinellas), Saint Petersburg Florida 33704

Currently Rented at $5,300.00 / month

Area: 2208

Property Info

  • MLS TB8549181
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 2208
  • Living Area (sqft) 2208
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Crown Molding
  • Eat-in Kitchen
  • Open Floorplan
  • Stone Counters

Buy Price

$
$825,000.00

Rental Price

$
$5,300.00
  • Cap Rate
  • 6%
  • Gross Yield
  • 7.7%
  • Lease End Date
  • October 31, 2026
  • Rent Amount

  • $5,300.00

Cash Flow

Cap Rate6.0 Gross Yield7.7% Annual Rent$63,600.00 Property Taxes$14,342.20 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $63,600.00 $5,300.00 / mo $318,000.00 $5,300.00 / mo $636,000.00 $5,300.00 / mo
Estimated Expenses $14,342.20 $71,711.00 $143,422.00
Net Cash Flow $49,257.80 $246,289.00 $492,578.00

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