1561 NW 29TH RD #8 (MLS: GC534798) For Sale

1561 NW 29TH RD #8, (Alachua), Gainesville Florida 32605

Currently Rented at $2,250.00 / month

Area: 1747

Property Info

  • MLS GC534798
  • Unit No 8
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1747
  • Living Area (sqft) 1747
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $145.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Kitchen/Family Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$275,000.00

Rental Price

$
$2,250.00
  • Cap Rate
  • 7.5%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • August 01, 2026

  • Rent Amount
  • $2,250.00

Cash Flow

Cap Rate7.5 Gross Yield9.8% Annual Rent$27,000.00 Property Taxes$4,565.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $27,000.00 $2,250.00 / mo $135,000.00 $2,250.00 / mo $270,000.00 $2,250.00 / mo
Estimated Expenses $4,565.00 $22,825.00 $45,650.00
Net Cash Flow $22,435.00 $112,175.00 $224,350.00
HOA Fees $1,740.00 $8,700.00 $17,400.00