421 NW 48TH BLVD (MLS: GC539595) For Sale

421 NW 48TH BLVD, (Alachua), Gainesville Florida 32607

Currently Rented at $1,850.00 / month

Area: 1230

Property Info

  • MLS GC539595
  • Unit No -
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 1230
  • Living Area (sqft) 1030
  • Foundation Slab
  • Min Lease -
  • HOA Fees $407.00

Interior Features

  • Ceiling Fans(s)
  • Kitchen/Family Room Combo
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)

Buy Price

$
$224,900.00

Rental Price

$
$1,850.00
  • Cap Rate
  • 5.9%
  • Gross Yield
  • 9.9%
  • Lease End Date
  • October 31, 2026

  • Rent Amount
  • $1,850.00

Cash Flow

Cap Rate5.9 Gross Yield9.9% Annual Rent$22,200.00 Property Taxes$4,152.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $22,200.00 $1,850.00 / mo $111,000.00 $1,850.00 / mo $222,000.00 $1,850.00 / mo
Estimated Expenses $4,152.00 $20,760.00 $41,520.00
Net Cash Flow $18,048.00 $90,240.00 $180,480.00
HOA Fees $4,884.00 $24,420.00 $48,840.00