1810 NW 23RD BLVD #216 (MLS: GC535908) For Sale

1810 NW 23RD BLVD #216, (Alachua), Gainesville Florida 32605

Currently Rented at $1,550.00 / month

Area: 1070

Property Info

  • MLS GC535908
  • Unit No 216
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1070
  • Living Area (sqft) 1070
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $389.11

Interior Features

  • Eat-in Kitchen
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$139,900.00

Rental Price

$
$1,550.00
  • Cap Rate
  • 7.9%
  • Gross Yield
  • 13.3%
  • Lease End Date
  • December 31, 2025

  • Rent Amount
  • $1,550.00

Cash Flow

Cap Rate7.9 Gross Yield13.3% Annual Rent$18,600.00 Property Taxes$2,889.14 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,600.00 $1,550.00 / mo $93,000.00 $1,550.00 / mo $186,000.00 $1,550.00 / mo
Estimated Expenses $2,889.14 $14,445.70 $28,891.40
Net Cash Flow $15,710.86 $78,554.30 $157,108.60
HOA Fees $4,669.32 $23,346.60 $46,693.20