Zip Code 32606 โ€” Gainesville, FL

๐ŸŸกMODERATEโ€” average returns
F

Poor

Negative cash flow likely ยท Score: 32/100

Cap Rate

4.7%

Monthly Cash Flow

-$488

Median Home Price

$347,369

DSCR

0.74

Fair Market Rents

Studio
$1,300/mo
1 Bedroom
$1,430/mo
2 Bedroom
$1,720/mo
3 Bedroom
$2,260/mo
4 Bedroom
$2,290/mo

Investment Metrics

Cap Rate
4.7%
Cash-on-Cash Return
-7.3%
Price-to-Rent Ratio
12.8
1% Rule
0.65%
Gross Rent Multiplier
12.8
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’