1802 E UNIVERSITY AVE (MLS: OM729254) For Sale

1802 E UNIVERSITY AVE, (Alachua), Gainesville Florida 32641

Currently Rented at $1,250.00 / month

Area: 1963

Property Info

  • MLS OM729254
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) 1963
  • Living Area (sqft) 1643
  • Foundation Block, Crawlspace
  • Min Lease Block, Crawlspace

Interior Features

  • Other

Buy Price

$
$225,000.00

Rental Price

$
$1,250.00
  • Cap Rate
  • 5.3%
  • Gross Yield
  • 6.7%
  • Lease End Date
  • March 31, 2027
  • Rent Amount

  • $1,250.00

Cash Flow

Cap Rate5.3 Gross Yield6.7% Annual Rent$15,000.00 Property Taxes$2,970.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $15,000.00 $1,250.00 / mo $75,000.00 $1,250.00 / mo $150,000.00 $1,250.00 / mo
Estimated Expenses $2,970.00 $14,850.00 $29,700.00
Net Cash Flow $12,030.00 $60,150.00 $120,300.00

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