660 ISLAND WAY #401 (MLS: U8252369) For Sale

660 ISLAND WAY #401, (Pinellas), Clearwater Beach Florida 33767

Currently Rented at $2,400.00 / month

Area: -

Property Info

  • MLS U8252369
  • Unit No 401
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1350
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,075.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$319,900.00

Rental Price

$
$2,400.00
  • Cap Rate
  • 3.1%
  • Gross Yield
  • 9%
  • Lease End Date
  • October 21, 2025

  • Rent Amount
  • $2,400.00

Cash Flow

Cap Rate3.1 Gross Yield9% Annual Rent$28,800.00 Property Taxes$5,847.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,800.00 $2,400.00 / mo $144,000.00 $2,400.00 / mo $288,000.00 $2,400.00 / mo
Estimated Expenses $5,847.00 $29,235.00 $58,470.00
Net Cash Flow $22,953.00 $114,765.00 $229,530.00
HOA Fees $12,900.00 $64,500.00 $129,000.00