2935 DR MARTIN LUTHER KING JR ST S (MLS: TB8555271) For Sale

2935 DR MARTIN LUTHER KING JR ST S, (Pinellas), Saint Petersburg Florida 33705

Currently Rented at $1,895.00 / month

Area: 1098

Property Info

  • MLS TB8555271
  • Unit No -
  • Bedrooms 4
  • Bathrooms 1
  • Area (sqft) 1098
  • Living Area (sqft) 1042
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Stone Counters
  • Thermostat

Buy Price

$
$279,000.00

Rental Price

$
$1,895.00
  • Cap Rate
  • 7.1%
  • Gross Yield
  • 8.2%
  • Lease End Date
  • July 31, 2027
  • Rent Amount

  • $1,895.00

Cash Flow

Cap Rate7.1 Gross Yield8.2% Annual Rent$22,740.00 Property Taxes$3,027.37 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,740.00 $1,895.00 / mo $113,700.00 $1,895.00 / mo $227,400.00 $1,895.00 / mo
Estimated Expenses $3,027.37 $15,136.85 $30,273.70
Net Cash Flow $19,712.63 $98,563.15 $197,126.30

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