Real Estate

405 SE 28TH WAY Way, Melrose, FL 32666

Property Details for 405 SE 28TH WAY Way, Melrose, FL 32666

Property Detail Name Property Detail Value
Address 405 SE 28TH WAY Way, Melrose, FL 32666
Property Type Single Family
Price $474,900
Price Change $0
Tax Assessed Value $259,155
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 3.0
Living Area 2,020.0
Lot Area 0.53
Lot Area Unit ACRES
Year Built 1995

Financial Summary for 405 SE 28TH WAY Way, Melrose, FL 32666

Financial Metric Name Financial Metric Value
Cash on Cash Return 3.3%
Monthly Rent $3,247
Net Operating Income $3,089
Cap Rate 7.8%
Monthly Cash Flow $264
Gross Rent Multiplier 12.2
Debt Service Coverage Ratio 1.2
Principal and Interest $2,528
Tax $297
HOA Fees $0
Insurance $158
Total Payment $2,983