640 NW 36TH TER (MLS: GC542535) For Sale

640 NW 36TH TER, (Alachua), Gainesville Florida 32607

Currently Rented at $1,800.00 / month

Area: 1753

Property Info

  • MLS GC542535
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 1753
  • Living Area (sqft) 1423
  • Foundation Slab
  • Min Lease Slab

Interior Features

  • Ceiling Fans(s)
  • Primary Bedroom Main Floor
  • Thermostat

Buy Price

$
$340,000.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 5.2%
  • Gross Yield
  • 6.4%
  • Lease End Date
  • May 31, 2027
  • Rent Amount

  • $1,800.00

Cash Flow

Cap Rate5.2 Gross Yield6.4% Annual Rent$21,600.00 Property Taxes$3,931.61 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $3,931.61 $19,658.05 $39,316.10
Net Cash Flow $17,668.39 $88,341.95 $176,683.90

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