Homes For Sale By Owner In Gainesville, FL

Located one mile north of UF campus. This 32 home with fire place sits on a large lot with oak trees overhanging the street. Home has one covered carport space Looking to lease or sell the property. Sale price 170,000.No pets if leasing.Heres the numbers if you want to buy. There are 1st time home loan programs for 3 down 5,100 and interest rate of 4.125 finance 164,900 and closing costs of 4,000-6,000 for 30 yrs results in principle and interest payment of 796mo. County tax 208 mo. Hazard Insurance 62.5mo. and figure 150 for reserves for AIR CONDITIONING, roof paint, etc. Total monthly outlay is 1,216. You live in one room and lease out the other 2 at 425 each your letting the tenants pay for your investment and your living in your paying 366 per month to live in your room. This is how I got started in real estate 24 yrs ago in this exact home when interest rates were eight and rent was 250 per room. Start young and dream big, time is your most precious asset with investing.This is for sale by owner.