1243 S MARTIN LUTHER KING JR AVE #B204 (MLS: U8245370) For Sale

1243 S MARTIN LUTHER KING JR AVE #B204, (Pinellas), Clearwater Florida 33756

Currently Rented at $1,035.00 / month

Area: -

Property Info

  • MLS U8245370
  • Unit No B204
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 865
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $548.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo

Buy Price

$
$145,000.00

Rental Price

$
$1,035.00
  • Cap Rate
  • 2.9%
  • Gross Yield
  • 8.6%
  • Lease End Date
  • December 20, 2024

  • Rent Amount
  • $1,035.00

Cash Flow

Cap Rate2.9 Gross Yield8.6% Annual Rent$12,420.00 Property Taxes$1,623.58 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,420.00 $1,035.00 / mo $62,100.00 $1,035.00 / mo $124,200.00 $1,035.00 / mo
Estimated Expenses $1,623.58 $8,117.90 $16,235.80
Net Cash Flow $10,796.42 $53,982.10 $107,964.20
HOA Fees $6,576.00 $32,880.00 $65,760.00