6519 W NEWBERRY RD #1211 (MLS: GC540654) For Sale

6519 W NEWBERRY RD #1211, (Alachua), Gainesville Florida 32605

Currently Rented at $1,000.00 / month

Area: 702

Property Info

  • MLS GC540654
  • Unit No 1211
  • Bedrooms 1
  • Bathrooms 1
  • Area (sqft) 702
  • Living Area (sqft) 702
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $292.25

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Other
  • Primary Bedroom Main Floor
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$102,500.00

Rental Price

$
$1,000.00
  • Cap Rate
  • 6.5%
  • Gross Yield
  • 11.7%
  • Lease End Date
  • June 30, 2026
  • Rent Amount

  • $1,000.00

Cash Flow

Cap Rate6.5 Gross Yield11.7% Annual Rent$12,000.00 Property Taxes$1,837.53 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $12,000.00 $1,000.00 / mo $60,000.00 $1,000.00 / mo $120,000.00 $1,000.00 / mo
Estimated Expenses $1,837.53 $9,187.65 $18,375.30
Net Cash Flow $10,162.47 $50,812.35 $101,624.70
HOA Fees $3,507.00 $17,535.00 $35,070.00

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