1401 NW 5TH AVE (MLS: GC532878) For Sale

1401 NW 5TH AVE, (Alachua), Gainesville Florida 32603

Currently Rented at $6,000.00 / month

Area: -

Property Info

  • MLS GC532878
  • Unit No -
  • Bedrooms 6
  • Bathrooms 6
  • Area (sqft) -
  • Living Area (sqft) 3300
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$1,500,000.00

Rental Price

$
$6,000.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 4.8%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $6,000.00

Cash Flow

Cap Rate4.2 Gross Yield4.8% Annual Rent$72,000.00 Property Taxes$9,296.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $72,000.00 $6,000.00 / mo $360,000.00 $6,000.00 / mo $720,000.00 $6,000.00 / mo
Estimated Expenses $9,296.00 $46,480.00 $92,960.00
Net Cash Flow $62,704.00 $313,520.00 $627,040.00