8905 SW 62ND PL (MLS: TB8370381) For Sale

8905 SW 62ND PL, (Alachua), Gainesville Florida 32608

Currently Rented at $2,700.00 / month

Area: -

Property Info

  • MLS TB8370381
  • Unit No -
  • Bedrooms 4
  • Bathrooms 2
  • Area (sqft) -
  • Living Area (sqft) 1884
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $137.67

Interior Features

  • Split Bedroom
  • Thermostat
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$425,000.00

Rental Price

$
$2,700.00
  • Cap Rate
  • 5.5%
  • Gross Yield
  • 7.6%
  • Lease End Date
  • June 28, 2025

  • Rent Amount
  • $2,700.00

Cash Flow

Cap Rate5.5 Gross Yield7.6% Annual Rent$32,400.00 Property Taxes$7,414.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $32,400.00 $2,700.00 / mo $162,000.00 $2,700.00 / mo $324,000.00 $2,700.00 / mo
Estimated Expenses $7,414.00 $37,070.00 $74,140.00
Net Cash Flow $24,986.00 $124,930.00 $249,860.00
HOA Fees $1,652.04 $8,260.20 $16,520.40