3004 NE 18TH DR (MLS: GC534886) For Sale

3004 NE 18TH DR, (Alachua), Gainesville Florida 32609

Currently Rented at $1,900.00 / month

Area: 1920

Property Info

  • MLS GC534886
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 1920
  • Living Area (sqft) 1176
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Wood Cabinets
  • Split Bedroom
  • Thermostat

Buy Price

$
$220,000.00

Rental Price

$
$1,900.00
  • Cap Rate
  • 8.8%
  • Gross Yield
  • 10.4%
  • Lease End Date
  • February 28, 2026

  • Rent Amount
  • $1,900.00

Cash Flow

Cap Rate8.8 Gross Yield10.4% Annual Rent$22,800.00 Property Taxes$3,490.19 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,800.00 $1,900.00 / mo $114,000.00 $1,900.00 / mo $228,000.00 $1,900.00 / mo
Estimated Expenses $3,490.19 $17,450.95 $34,901.90
Net Cash Flow $19,309.81 $96,549.05 $193,098.10