4000 SW 23RD ST #3-302 (MLS: GC539812) For Sale

4000 SW 23RD ST #3-302, (Alachua), Gainesville Florida 32608

Currently Rented at $2,000.00 / month

Area: 1177

Property Info

  • MLS GC539812
  • Unit No 3-302
  • 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)
  • Kitchen/Family Room Combo
  • Living Room/Dining Room Combo

Buy Price

$
$175,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 9.6%
  • Gross Yield
  • 13.7%
  • Lease End Date
  • July 31, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate9.6 Gross Yield13.7% Annual Rent$24,000.00 Property Taxes$3,785.00 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 $3,785.00 $18,925.00 $37,850.00
Net Cash Flow $20,215.00 $101,075.00 $202,150.00
HOA Fees $3,420.00 $17,100.00 $34,200.00