314 NW 2ND AVE (MLS: GC542054) For Sale

314 NW 2ND AVE, (Alachua), Gainesville Florida 32601

Currently Rented at $2,250.00 / month

Area: 1868

Property Info

  • MLS GC542054
  • Unit No -
  • Bedrooms 3
  • Bathrooms 1
  • Area (sqft) 1868
  • Living Area (sqft) 1509
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)

Buy Price

$
$399,000.00

Rental Price

$
$2,250.00
  • Cap Rate
  • 4.9%
  • Gross Yield
  • 6.8%
  • Lease End Date
  • July 28, 2027
  • Rent Amount

  • $2,250.00

Cash Flow

Cap Rate4.9 Gross Yield6.8% Annual Rent$27,000.00 Property Taxes$7,272.00 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 $7,272.00 $36,360.00 $72,720.00
Net Cash Flow $19,728.00 $98,640.00 $197,280.00

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