1222 Highland Ct N St Petersburg, FL 33701
2bd, 1ba | 592sqft | Built in 1920
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Initial Investment
$148,289
List Price: $145,000
Purchase Price
$145,000
Down Payment
100%
Rent
$1,210

Total Return
$59,416
Annualized Return
7.5%
Cap Rate
4.9%
Gross Yield
10.0%
Cash Flow
$6,414
Appreciation
4.5%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
12/17/2018 
Lease End
12/31/2019 
Lot Size
2,104 
HOA
None
Flood Risk
Not Required
  • New kitchen with a formica counter top and a stainless steel appliances and wood laminate flooring
  • Close to Crescent Lake Park and 1.3 miles to downtown St. Petersburg
  • Front porch has screened lanai
  • Insurance fee included in monthly rent of $9.50

Annual Financial Highlight
Expected Rent
$13,788
Expenses
-$4,174
Property Taxes
-$3,200
Loan Payments
$0

Net Cash Flow
$6,414
Considerations
Property Characteristics    View Details

Roofstock Guarantee
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  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

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