1740 NW 7TH AVE (MLS: GC541937) For Sale

1740 NW 7TH AVE, (Alachua), Gainesville Florida 32603

Currently Rented at $2,750.00 / month

Area: 2484

Property Info

  • MLS GC541937
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2484
  • Living Area (sqft) 1794
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$499,000.00

Rental Price

$
$2,750.00
  • Cap Rate
  • 4.9%
  • Gross Yield
  • 6.6%
  • Lease End Date
  • July 28, 2027

  • Rent Amount
  • $2,750.00

Cash Flow

Cap Rate4.9 Gross Yield6.6% Annual Rent$33,000.00 Property Taxes$8,427.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $33,000.00 $2,750.00 / mo $165,000.00 $2,750.00 / mo $330,000.00 $2,750.00 / mo
Estimated Expenses $8,427.00 $42,135.00 $84,270.00
Net Cash Flow $24,573.00 $122,865.00 $245,730.00