222 SE 36 Terrace, Gainesville, Florida each unit is 2 BR / 1 BA both units r rented for $800 month with annual leases total monthly income $1600 tenants pay all utilities electric and water separate water & electric meters total annual income (GOI) $19,200. -- expenses property taxes $1800 and insurance $1300 = $3100 NOI net income $16,000 let's round it down to $15,000 Asking price $139,000 Good return Management in place if needed
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