109 SE 16TH AVE #Q301 (MLS: GC528995) For Sale

109 SE 16TH AVE #Q301, (Alachua), Gainesville Florida 32601

Currently Rented at $975.00 / month

Area: 874

Property Info

  • MLS GC528995
  • Unit No Q301
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 874
  • Living Area (sqft) 874
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $275.00

Interior Features

  • Eat-in Kitchen
  • Living Room/Dining Room Combo

Buy Price

$
$119,000.00

Rental Price

$
$975.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • -
  • Rent Amount

  • $975.00

Cash Flow

Cap Rate5.3 Gross Yield9.8% Annual Rent$11,700.00 Property Taxes$2,122.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $11,700.00 $975.00 / mo $58,500.00 $975.00 / mo $117,000.00 $975.00 / mo
Estimated Expenses $2,122.00 $10,610.00 $21,220.00
Net Cash Flow $9,578.00 $47,890.00 $95,780.00
HOA Fees $3,300.00 $16,500.00 $33,000.00

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