1320 NW 3RD AVE #114 (MLS: GC525068) For Sale

1320 NW 3RD AVE #114, (Alachua), Gainesville Florida 32603

Currently Rented at $1,850.00 / month

Area: -

Property Info

  • MLS GC525068
  • Unit No 114
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 860
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $265.00

Interior Features

  • Ceiling Fans(s)
  • Crown Molding
  • High Ceilings
  • Living Room/Dining Room Combo

Buy Price

$
$395,000.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 3.4%
  • Gross Yield
  • 5.6%
  • Lease End Date
  • July 30, 2025

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate3.4 Gross Yield5.6% Annual Rent$22,200.00 Property Taxes$5,671.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $5,671.00 $28,355.00 $56,710.00
Net Cash Flow $16,529.00 $82,645.00 $165,290.00
HOA Fees $3,180.00 $15,900.00 $31,800.00