2131 RIDGE RD S #86 (MLS: U8247894) For Sale

2131 RIDGE RD S #86, (Pinellas), Largo Florida 33778

Currently Rented at $1,861.50 / month

Area: -

Property Info

  • MLS U8247894
  • Unit No 86
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 930
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $352.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$245,000.00

Rental Price

$
$1,861.50
  • Cap Rate
  • 6%
  • Gross Yield
  • 9.1%
  • Lease End Date
  • February 28, 2025

  • Rent Amount
  • $1,861.50

Cash Flow

Cap Rate6.0 Gross Yield9.1% Annual Rent$22,338.00 Property Taxes$3,353.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,338.00 $1,861.50 / mo $111,690.00 $1,861.50 / mo $223,380.00 $1,861.50 / mo
Estimated Expenses $3,353.00 $16,765.00 $33,530.00
Net Cash Flow $18,985.00 $94,925.00 $189,850.00
HOA Fees $4,224.00 $21,120.00 $42,240.00