1121 NW 6TH AVE (MLS: GC542190) For Sale

1121 NW 6TH AVE, (Alachua), Gainesville Florida 32603

Currently Rented at $1,375.00 / month

Area: 809

Property Info

  • MLS GC542190
  • Unit No -
  • Bedrooms 2
  • Bathrooms 1
  • Area (sqft) 809
  • Living Area (sqft) 713
  • Foundation Crawlspace
  • Min Lease Crawlspace

Interior Features

  • Ceiling Fans(s)
  • Chair Rail

Buy Price

$
$229,000.00

Rental Price

$
$1,375.00
  • Cap Rate
  • 6.3%
  • Gross Yield
  • 7.2%
  • Lease End Date
  • July 30, 2027

  • Rent Amount
  • $1,375.00

Cash Flow

Cap Rate6.3 Gross Yield7.2% Annual Rent$16,500.00 Property Taxes$2,092.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,500.00 $1,375.00 / mo $82,500.00 $1,375.00 / mo $165,000.00 $1,375.00 / mo
Estimated Expenses $2,092.00 $10,460.00 $20,920.00
Net Cash Flow $14,408.00 $72,040.00 $144,080.00