2704 NW 1ST AVE (MLS: GC536965) For Sale

2704 NW 1ST AVE, (Alachua), Gainesville Florida 32607

Currently Rented at $2,400.00 / month

Area: 1744

Property Info

  • MLS GC536965
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1744
  • Living Area (sqft) 1178
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$399,000.00

Rental Price

$
$2,400.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • July 27, 2026

  • Rent Amount
  • $2,400.00

Cash Flow

Cap Rate5.7 Gross Yield7.2% Annual Rent$28,800.00 Property Taxes$6,256.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,800.00 $2,400.00 / mo $144,000.00 $2,400.00 / mo $288,000.00 $2,400.00 / mo
Estimated Expenses $6,256.00 $31,280.00 $62,560.00
Net Cash Flow $22,544.00 $112,720.00 $225,440.00