1561 NW 29TH RD #8 (MLS: GC540856) For Sale

1561 NW 29TH RD #8, (Alachua), Gainesville Florida 32605

Currently Rented at $2,250.00 / month

Area: 1747

Property Info

  • MLS GC540856
  • Unit No 8
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 1747
  • Living Area (sqft) 1747
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $145.00

Interior Features

  • Ceiling Fans(s)
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Thermostat

Buy Price

$
$244,900.00

Rental Price

$
$2,250.00
  • Cap Rate
  • 8.4%
  • Gross Yield
  • 11%
  • Lease End Date
  • -
  • Rent Amount

  • $2,250.00

Cash Flow

Cap Rate8.4 Gross Yield11% Annual Rent$27,000.00 Property Taxes$4,611.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $27,000.00 $2,250.00 / mo $135,000.00 $2,250.00 / mo $270,000.00 $2,250.00 / mo
Estimated Expenses $4,611.00 $23,055.00 $46,110.00
Net Cash Flow $22,389.00 $111,945.00 $223,890.00
HOA Fees $1,740.00 $8,700.00 $17,400.00

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