6322 PALMA DEL MAR BLVD S #505 (MLS: U8195691) For Sale

6322 PALMA DEL MAR BLVD S #505, (Pinellas), Saint Petersburg Florida 33715

Currently Rented at $3,200.00 / month

Area: -

Property Info

  • MLS U8195691
  • Unit No 505
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1250
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $720.00

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Walk-In Closet(s)

Buy Price

$
$449,000.00

Rental Price

$
$3,200.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 8.6%
  • Lease End Date
  • November 30, 2025

  • Rent Amount
  • $3,200.00

Cash Flow

Cap Rate5.7 Gross Yield8.6% Annual Rent$38,400.00 Property Taxes$4,353.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $38,400.00 $3,200.00 / mo $192,000.00 $3,200.00 / mo $384,000.00 $3,200.00 / mo
Estimated Expenses $4,353.00 $21,765.00 $43,530.00
Net Cash Flow $34,047.00 $170,235.00 $340,470.00
HOA Fees $8,640.00 $43,200.00 $86,400.00