501 NW 15TH AVE #12 (MLS: GC535324) For Sale

501 NW 15TH AVE #12, (Alachua), Gainesville Florida 32601

Currently Rented at $900.00 / month

Area: 540

Property Info

  • MLS GC535324
  • Unit No 12
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 540
  • Living Area (sqft) 540
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $206.75

Interior Features

  • Ceiling Fans(s)
  • Thermostat

Buy Price

$
$95,000.00

Rental Price

$
$900.00
  • Cap Rate
  • 7%
  • Gross Yield
  • 11.4%
  • Lease End Date
  • February 01, 2026
  • Rent Amount

  • $900.00

Cash Flow

Cap Rate7.0 Gross Yield11.4% Annual Rent$10,800.00 Property Taxes$1,716.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $10,800.00 $900.00 / mo $54,000.00 $900.00 / mo $108,000.00 $900.00 / mo
Estimated Expenses $1,716.00 $8,580.00 $17,160.00
Net Cash Flow $9,084.00 $45,420.00 $90,840.00
HOA Fees $2,481.00 $12,405.00 $24,810.00

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