3424 NW 37TH AVE #3424 (MLS: GC533987) For Sale

3424 NW 37TH AVE #3424, (Alachua), Gainesville Florida 32605

Currently Rented at $1,450.00 / month

Area: 1000

Property Info

  • MLS GC533987
  • Unit No 3424
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1000
  • Living Area (sqft) 1000
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $265.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Split Bedroom

Buy Price

$
$180,000.00

Rental Price

$
$1,450.00
  • Cap Rate
  • 6.4%
  • Gross Yield
  • 9.7%
  • Lease End Date
  • January 31, 2026

  • Rent Amount
  • $1,450.00

Cash Flow

Cap Rate6.4 Gross Yield9.7% Annual Rent$17,400.00 Property Taxes$2,674.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $17,400.00 $1,450.00 / mo $87,000.00 $1,450.00 / mo $174,000.00 $1,450.00 / mo
Estimated Expenses $2,674.00 $13,370.00 $26,740.00
Net Cash Flow $14,726.00 $73,630.00 $147,260.00
HOA Fees $3,180.00 $15,900.00 $31,800.00