344 NW 48TH BLVD #344 (MLS: GC530045) For Sale

344 NW 48TH BLVD #344, (Alachua), Gainesville Florida 32607

Currently Rented at $1,600.00 / month

Area: -

Property Info

  • MLS GC530045
  • Unit No 344
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1283
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $387.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • Open Floorplan
  • PrimaryBedroom Upstairs
  • Split Bedroom
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$245,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 4.1%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • July 31, 2025

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate4.1 Gross Yield7.8% Annual Rent$19,200.00 Property Taxes$4,391.93 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $4,391.93 $21,959.65 $43,919.30
Net Cash Flow $14,808.07 $74,040.35 $148,080.70
HOA Fees $4,644.00 $23,220.00 $46,440.00