1868 SOMMARIE WAY (MLS: TB8553216) For Sale

1868 SOMMARIE WAY, (Pinellas), Tarpon Springs Florida 34689

Currently Rented at $2,150.00 / month

Area: 1605

Property Info

  • MLS TB8553216
  • Unit No -
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1605
  • Living Area (sqft) 1605
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $269.50

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$329,900.00

Rental Price

$
$2,150.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • March 31, 2027
  • Rent Amount

  • $2,150.00

Cash Flow

Cap Rate5.3 Gross Yield7.8% Annual Rent$25,800.00 Property Taxes$5,001.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $25,800.00 $2,150.00 / mo $129,000.00 $2,150.00 / mo $258,000.00 $2,150.00 / mo
Estimated Expenses $5,001.00 $25,005.00 $50,010.00
Net Cash Flow $20,799.00 $103,995.00 $207,990.00
HOA Fees $3,234.00 $16,170.00 $32,340.00

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