2478 FOREST WAY (MLS: GC540185) For Sale

2478 FOREST WAY, (Alachua), Gainesville Florida 32605

Currently Rented at $1,950.00 / month

Area: 1425

Property Info

  • MLS GC540185
  • Unit No -
  • Bedrooms 2
  • Bathrooms 3
  • Area (sqft) 1425
  • Living Area (sqft) 1407
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $131.00

Interior Features

  • Built-in Features
  • Ceiling Fans(s)
  • Eat-in Kitchen
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Solid Wood Cabinets
  • Stone Counters
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$239,900.00

Rental Price

$
$1,950.00
  • Cap Rate
  • 7.8%
  • Gross Yield
  • 9.8%
  • Lease End Date
  • July 28, 2026

  • Rent Amount
  • $1,950.00

Cash Flow

Cap Rate7.8 Gross Yield9.8% Annual Rent$23,400.00 Property Taxes$3,223.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $23,400.00 $1,950.00 / mo $117,000.00 $1,950.00 / mo $234,000.00 $1,950.00 / mo
Estimated Expenses $3,223.00 $16,115.00 $32,230.00
Net Cash Flow $20,177.00 $100,885.00 $201,770.00
HOA Fees $1,572.00 $7,860.00 $15,720.00