721 12th St S

Cash Deal: 🏠 3 RENTED UNITS • Unit A: 3/1 — $1,900/mo — 1-year lease recently renewed • Unit B: 2/1 — $1,902/mo — 8 months remaining • Unit C: 2/1 — $2,000/mo — month-to-month 💵 TOTAL RENT: $5,802/MONTH 💵 GROSS ANNUAL RENT: $69,624 📊 ESTIMATED NOI: ~$54,145/YEAR 📈 ESTIMATED CAP RATE: ~9% at $525k INVESTOR HIGHLIGHTS ✅ 3 occupied units ✅ Strong existing rental income ✅ Two units under lease ✅ One unit month-to-month ✅ Minimal repairs & maintenance reported ✅ Cash-flowing from day onex ✅ South St. Pete location EXPENSES  *Property taxes $5958.54 *Property insurance approximately $4000 a year *Repairs and maintenance  Zero Utilities  Electricity $3,360 yearly Water $2160 yearly