1012 NE 1ST AVE (MLS: GC536121) For Sale

1012 NE 1ST AVE, (Alachua), Gainesville Florida 32601

Currently Rented at $1,500.00 / month

Area: 1176

Property Info

  • MLS GC536121
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 1176
  • Living Area (sqft) 1176
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$169,000.00

Rental Price

$
$1,500.00
  • Cap Rate
  • 7.8%
  • Gross Yield
  • 10.7%
  • Lease End Date
  • September 30, 2026

  • Rent Amount
  • $1,500.00

Cash Flow

Cap Rate7.8 Gross Yield10.7% Annual Rent$18,000.00 Property Taxes$4,777.14 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $18,000.00 $1,500.00 / mo $90,000.00 $1,500.00 / mo $180,000.00 $1,500.00 / mo
Estimated Expenses $4,777.14 $23,885.70 $47,771.40
Net Cash Flow $13,222.86 $66,114.30 $132,228.60