416 NW 50TH BLVD (MLS: GC538468) For Sale

416 NW 50TH BLVD, (Alachua), Gainesville Florida 32607

Currently Rented at $2,000.00 / month

Area: 1588

Property Info

  • MLS GC538468
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1588
  • Living Area (sqft) 1588
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $292.00

Interior Features

  • Cathedral Ceiling(s)
  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Open Floorplan
  • Primary Bedroom Main Floor
  • PrimaryBedroom Upstairs
  • Split Bedroom
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$269,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 5.9%
  • Gross Yield
  • 8.9%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate5.9 Gross Yield8.9% Annual Rent$24,000.00 Property Taxes$4,555.57 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $24,000.00 $2,000.00 / mo $120,000.00 $2,000.00 / mo $240,000.00 $2,000.00 / mo
Estimated Expenses $4,555.57 $22,777.85 $45,555.70
Net Cash Flow $19,444.43 $97,222.15 $194,444.30
HOA Fees $3,504.00 $17,520.00 $35,040.00