5921 Magnolia St N

St Petersburg, FL 33703
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2 bd, 1 ba | 1,167 sqft | Built in 1958

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List Price
$270,000

$15K

Initial Investment

$73,575

Purchase Price

$270,000

Down Payment

25%

Rent

$2,310

Total Return

$183,103

Annualized Return

29.5%

Cap Rate

6.7%

Gross Yield

10.3%

Cash Flow

$2,484

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,046

HOA

None

Flood Risk

High Risk - Zone AE

Desirable North St. Pete area! This adorable home is close to downtown St. Pete and minutes to I 275. Large backyard is a blank canvas, ready for you to make your own. Laundry room has extra space for storage. Roof is 2020.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$26,334

Expenses

-$5,021

Property Taxes

-$4,150

Loan Payments

-$14,679

Net Cash Flow

$2,484

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Robin Raiff
Agent License 3062935
DOUGLAS ELLIMAN
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #T3475553
Last Updated: 10/09/2023 17:10
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