2735 SW 35TH PL #2004 (MLS: GC537674) For Sale

2735 SW 35TH PL #2004, (Alachua), Gainesville Florida 32608

Currently Rented at $1,450.00 / month

Area: 1088

Property Info

  • MLS GC537674
  • Unit No 2004
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1088
  • Living Area (sqft) 1088
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $335.00

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$180,000.00

Rental Price

$
$1,450.00
  • Cap Rate
  • 5.6%
  • Gross Yield
  • 9.7%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $1,450.00

Cash Flow

Cap Rate5.6 Gross Yield9.7% Annual Rent$17,400.00 Property Taxes$3,333.70 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $17,400.00 $1,450.00 / mo $87,000.00 $1,450.00 / mo $174,000.00 $1,450.00 / mo
Estimated Expenses $3,333.70 $16,668.50 $33,337.00
Net Cash Flow $14,066.30 $70,331.50 $140,663.00
HOA Fees $4,020.00 $20,100.00 $40,200.00