2306 SW 42ND DR #140 (MLS: GC536462) For Sale

2306 SW 42ND DR #140, (Alachua), Gainesville Florida 32607

Currently Rented at $1,600.00 / month

Area: 2025

Property Info

  • MLS GC536462
  • Unit No 140
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2025
  • Living Area (sqft) 1440
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $210.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$245,000.00

Rental Price

$
$1,600.00
  • Cap Rate
  • 5%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $1,600.00

Cash Flow

Cap Rate5.0 Gross Yield7.8% Annual Rent$19,200.00 Property Taxes$4,406.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $19,200.00 $1,600.00 / mo $96,000.00 $1,600.00 / mo $192,000.00 $1,600.00 / mo
Estimated Expenses $4,406.00 $22,030.00 $44,060.00
Net Cash Flow $14,794.00 $73,970.00 $147,940.00
HOA Fees $2,520.00 $12,600.00 $25,200.00