1901 MELROSE AVE S (MLS: TB8510645) For Sale

1901 MELROSE AVE S, (Pinellas), Saint Petersburg Florida 33712

Currently Rented at $2,100.00 / month

Area: 1497

Property Info

  • MLS TB8510645
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 1497
  • Living Area (sqft) 1420
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Thermostat

Buy Price

$
$369,900.00

Rental Price

$
$2,100.00
  • Cap Rate
  • 5.4%
  • Gross Yield
  • 6.8%
  • Lease End Date
  • July 31, 2026
  • Rent Amount

  • $2,100.00

Cash Flow

Cap Rate5.4 Gross Yield6.8% Annual Rent$25,200.00 Property Taxes$5,406.79 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $25,200.00 $2,100.00 / mo $126,000.00 $2,100.00 / mo $252,000.00 $2,100.00 / mo
Estimated Expenses $5,406.79 $27,033.95 $54,067.90
Net Cash Flow $19,793.21 $98,966.05 $197,932.10

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