1762 NW 34TH ST #2 (MLS: GC540744) For Sale

1762 NW 34TH ST #2, (Alachua), Gainesville Florida 32605

Currently Rented at $2,625.00 / month

Area: 3418

Property Info

  • MLS GC540744
  • Unit No 2
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 3418
  • Living Area (sqft) 2348
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $400.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$375,000.00

Rental Price

$
$2,625.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 8.4%
  • Lease End Date
  • March 31, 2027

  • Rent Amount
  • $2,625.00

Cash Flow

Cap Rate5.3 Gross Yield8.4% Annual Rent$31,500.00 Property Taxes$6,864.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $31,500.00 $2,625.00 / mo $157,500.00 $2,625.00 / mo $315,000.00 $2,625.00 / mo
Estimated Expenses $6,864.00 $34,320.00 $68,640.00
Net Cash Flow $24,636.00 $123,180.00 $246,360.00
HOA Fees $4,800.00 $24,000.00 $48,000.00