1567 NE 5 Pl., Gainesville, FL 32641

Investment property! The main home is a 2 bedroom 1 bath currently rented for 850 a month through February 22nd. The tenant would prefer to renew their lease. The home has had the big ticket items such as the roof, HVAC, Plumbing & Electrical addressed within the past few years. Also, there have been some cosmetic updates. There is also an efficiency "studio" that is rented for 695 a month above the detached 2 car garage. There is a hands on property manager in place. To help organize your numbers: Gross monthly income 1,545. Property management fee is 10% a month. Estimate for insurance is 110 a month. Tax estimate is 137 a month. Add your own figures for general & capital expenses. (Everyone is a bit different as to what they choose to allocate in those categories)