1308 N Madison Ave., Clearwater, FL 33755

1308 N Madison Ave., Clearwater, FL 33755
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$42,000
Sold on 11/18/13
Beds Baths Sq. Ft. Taxes Built
2.00 960 $669 1946
On the market: 104 days
View full details, 15 photos, school info, and price history
2-UNIT MULTIFAMILY: Property features stucco exterior, complete remodel and renovations to interior, 50% leased and under professional management. Non-qualifying financing approved at 3.9% fixed rate. Unit A leased at $750/month. Unit B vacant and to be leased at $600/month. Gross pro-forma annual income of $16,200. Cost Analysis Performed as Rental Property In: Rent - $16,200.00 Out: (Annual) Actual Taxes - $669.00 (Annual) Estimated Insurance - $1,466.00 (Annual) Property management (optional) - $1,458.00 (Annual) Misc - $1,440.00 Total Costs - $5,033.00 Earn: Total yearly equates to - $11,167.00 Total monthly equates to - $930.58
Listing courtesy of Nick Parrinello, REAL LIVING CASA FINA REALTY