1700 SW 16TH CT #J-23 (MLS: GC527864) For Sale

1700 SW 16TH CT #J-23, (Alachua), Gainesville Florida 32608

Currently Rented at $1,200.00 / month

Area: -

Property Info

  • MLS GC527864
  • Unit No J-23
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 853
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $317.79

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$139,900.00

Rental Price

$
$1,200.00
  • Cap Rate
  • 5.8%
  • Gross Yield
  • 10.3%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $1,200.00

Cash Flow

Cap Rate5.8 Gross Yield10.3% Annual Rent$14,400.00 Property Taxes$2,411.72 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $14,400.00 $1,200.00 / mo $72,000.00 $1,200.00 / mo $144,000.00 $1,200.00 / mo
Estimated Expenses $2,411.72 $12,058.60 $24,117.20
Net Cash Flow $11,988.28 $59,941.40 $119,882.80
HOA Fees $3,813.48 $19,067.40 $38,134.80