83 SE 16TH AVE #E202 (MLS: GC543015) For Sale

83 SE 16TH AVE #E202, (Alachua), Gainesville Florida 32601

Currently Rented at $1,225.00 / month

Area: 874

Property Info

  • MLS GC543015
  • Unit No E202
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 874
  • Living Area (sqft) 874
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $275.00

Interior Features

  • Ceiling Fans(s)
  • Dry Bar
  • Living Room/Dining Room Combo
  • Stone Counters
  • Thermostat

Buy Price

$
$129,000.00

Rental Price

$
$1,225.00
  • Cap Rate
  • 7.2%
  • Gross Yield
  • 11.4%
  • Lease End Date
  • December 31, 2026
  • Rent Amount

  • $1,225.00

Cash Flow

Cap Rate7.2 Gross Yield11.4% Annual Rent$14,700.00 Property Taxes$2,156.52 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $14,700.00 $1,225.00 / mo $73,500.00 $1,225.00 / mo $147,000.00 $1,225.00 / mo
Estimated Expenses $2,156.52 $10,782.60 $21,565.20
Net Cash Flow $12,543.48 $62,717.40 $125,434.80
HOA Fees $3,300.00 $16,500.00 $33,000.00

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