704 NW 126TH TER #704 (MLS: GC539207) For Sale

704 NW 126TH TER #704, (Alachua), Newberry Florida 32669

Currently Rented at $2,195.00 / month

Area: 2115

Property Info

  • MLS GC539207
  • Unit No 704
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2115
  • Living Area (sqft) 1657
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $260.00

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Other
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$309,900.00

Rental Price

$
$2,195.00
  • Cap Rate
  • 5.7%
  • Gross Yield
  • 8.5%
  • Lease End Date
  • July 24, 2026

  • Rent Amount
  • $2,195.00

Cash Flow

Cap Rate5.7 Gross Yield8.5% Annual Rent$26,340.00 Property Taxes$5,458.37 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $26,340.00 $2,195.00 / mo $131,700.00 $2,195.00 / mo $263,400.00 $2,195.00 / mo
Estimated Expenses $5,458.37 $27,291.85 $54,583.70
Net Cash Flow $20,881.63 $104,408.15 $208,816.30
HOA Fees $3,120.00 $15,600.00 $31,200.00