1700 SW 16TH CT #M4 (MLS: GC529921) For Sale

1700 SW 16TH CT #M4, (Alachua), Gainesville Florida 32608

Currently Rented at $1,000.00 / month

Area: -

Property Info

  • MLS GC529921
  • Unit No M4
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 642
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $239.00

Interior Features

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

Buy Price

$
$135,000.00

Rental Price

$
$1,000.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 8.9%
  • Lease End Date
  • August 12, 2025

  • Rent Amount
  • $1,000.00

Cash Flow

Cap Rate5.5 Gross Yield8.9% Annual Rent$12,000.00 Property Taxes$1,750.89 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,000.00 $1,000.00 / mo $60,000.00 $1,000.00 / mo $120,000.00 $1,000.00 / mo
Estimated Expenses $1,750.89 $8,754.45 $17,508.90
Net Cash Flow $10,249.11 $51,245.55 $102,491.10
HOA Fees $2,868.00 $14,340.00 $28,680.00