Subject-To Gainesville Condo for $10k Down

Subject-To Gainesville Condo for $10k Down

2 bed 2.5 bath 1168 sq ft Built in 1985 Condominium
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79
Quality of Comparables
Low High
16 /20
Level of Rehab
Heavy Light
17/20
Location of Neighborhood
Far Close
18/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
4/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Presenting a great opportunity to purchase a condo with as little as $10,000 down plus closing costs. With a monthly payment of $1200, which includes your insurance, taxes, and HOA payment, this allows an investor to acquire this condo for a great price with little money out of pocket. With an A/C unit from 2019, this property only needs some interior updates to bring it to market.  We suggest updating the flooring and minor kitchen and bathroom updates, and giving the unit a fresh coat of paint.   

Located about 10 minutes from the University of Florida's campus, UF and Shands Hospital, and right down the road from UF and Shand's main administrative complex, this condo will appeal to a wide range of end buyers looking for proximity to their work or school. 

Whether you are an experienced or new investor, this condo presents an amazing opportunity to generate great returns. Sub-To deals tend to go quickly, so do not miss out. Contact your EquityPro Advisor today.

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We recommend flip
Rental Income
$1,450 mo. / $17,400 yr.
Estimated Taxes
$2,000 / yr.
Maintenance
$600 / yr.
HOA Dues
$4,788 / yr.
$7,272
Projected Income
6.35%
Estimated APY
$30,325
Projected Income
22.52%
Estimated ROI

Comps

 
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