203 NE 40TH LN (MLS: G5085813) For Sale

203 NE 40TH LN, (Alachua), Gainesville Florida 32609

Currently Rented at $2,000.00 / month

Area: -

Property Info

  • MLS G5085813
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1800
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$261,700.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 8.3%
  • Gross Yield
  • 9.2%
  • Lease End Date
  • December 31, 2025

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate8.3 Gross Yield9.2% Annual Rent$24,000.00 Property Taxes$2,228.23 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $2,228.23 $11,141.15 $22,282.30
Net Cash Flow $21,771.77 $108,858.85 $217,717.70