507 NW 39TH RD #318 (MLS: TB8308433) For Sale

507 NW 39TH RD #318, (Alachua), Gainesville Florida 32607

Currently Rented at $1,800.00 / month

Area: -

Property Info

  • MLS TB8308433
  • Unit No 318
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) -
  • Living Area (sqft) 1500
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $1,023.56

Interior Features

  • PrimaryBedroom Upstairs
  • Thermostat
  • Walk-In Closet(s)

Buy Price

$
$179,000.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 3.4%
  • Gross Yield
  • 12.1%
  • Lease End Date
  • September 30, 2025

  • Rent Amount
  • $1,800.00

Cash Flow

Cap Rate3.4 Gross Yield12.1% Annual Rent$21,600.00 Property Taxes$3,194.08 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 $3,194.08 $15,970.40 $31,940.80
Net Cash Flow $18,405.92 $92,029.60 $184,059.20
HOA Fees $12,282.72 $61,413.60 $122,827.20