4000 SW 23RD ST #2-303 (MLS: GC538403) For Sale

4000 SW 23RD ST #2-303, (Alachua), Gainesville Florida 32608

Currently Rented at $1,025.00 / month

Area: 1177

Property Info

  • MLS GC538403
  • Unit No 2-303
  • Bedrooms 4
  • Bathrooms 4
  • Area (sqft) 1177
  • Living Area (sqft) 1177
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $285.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$184,900.00

Rental Price

$
$1,025.00
  • Cap Rate
  • 2.8%
  • Gross Yield
  • 6.7%
  • Lease End Date
  • -

  • Rent Amount
  • $1,025.00

Cash Flow

Cap Rate2.8 Gross Yield6.7% Annual Rent$12,300.00 Property Taxes$3,746.43 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,300.00 $1,025.00 / mo $61,500.00 $1,025.00 / mo $123,000.00 $1,025.00 / mo
Estimated Expenses $3,746.43 $18,732.15 $37,464.30
Net Cash Flow $8,553.57 $42,767.85 $85,535.70
HOA Fees $3,420.00 $17,100.00 $34,200.00