3224 NW 31ST AVE (MLS: GC541323) For Sale

3224 NW 31ST AVE, (Alachua), Gainesville Florida 32605

Currently Rented at $2,000.00 / month

Area: 2022

Property Info

  • MLS GC541323
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2022
  • Living Area (sqft) 1215
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Solid Surface Counters
  • Thermostat
  • Window Treatments

Buy Price

$
$306,000.00

Rental Price

$
$2,000.00
  • Cap Rate
  • 6.2%
  • Gross Yield
  • 7.8%
  • Lease End Date
  • June 30, 2026

  • Rent Amount
  • $2,000.00

Cash Flow

Cap Rate6.2 Gross Yield7.8% Annual Rent$24,000.00 Property Taxes$4,960.00 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 $4,960.00 $24,800.00 $49,600.00
Net Cash Flow $19,040.00 $95,200.00 $190,400.00