1700 SW 16TH CT #P-3 (MLS: GC532051) For Sale

1700 SW 16TH CT #P-3, (Alachua), Gainesville Florida 32608

Currently Rented at $1,050.00 / month

Area: -

Property Info

  • MLS GC532051
  • Unit No P-3
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) -
  • Living Area (sqft) 642
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $239.18

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$137,900.00

Rental Price

$
$1,050.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 9.1%
  • Lease End Date
  • May 31, 2026

  • Rent Amount
  • $1,050.00

Cash Flow

Cap Rate5.5 Gross Yield9.1% Annual Rent$12,600.00 Property Taxes$2,145.30 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,600.00 $1,050.00 / mo $63,000.00 $1,050.00 / mo $126,000.00 $1,050.00 / mo
Estimated Expenses $2,145.30 $10,726.50 $21,453.00
Net Cash Flow $10,454.70 $52,273.50 $104,547.00
HOA Fees $2,870.16 $14,350.80 $28,701.60