15923 Nw 118th Pl, Alachua, FL 32615
Alachua, FL 32615 · 2 bd · 1.5 ba · 1,071 sqft · Single Family · 135 days on market
The math, in full
- Asking price
- $149,997
- Down payment (15%)
- $22,500
- Loan amount
- $127,497
- Est. monthly rent
- $2,275/mo
- Range $1,934–$2,616/mo
- Monthly payment, all-in
- $1,232/mo
- Mortgage + taxes + insurance (PITIA)
- Cashflow ratio (DSCR)
- 1.85
- $2,275 rent ÷ $1,232 payment
- Monthly cashflow
- +$1,043/mo
- What's left after the payment
Where the rent number comes from
Median asking rent for 2-bedroom homes in zip 32615, from current market comps — not a per-property guess. Medium confidence — a moderate number of comparable rentals in this zip.
Cash to start
$22,500
15% down on $149,997
No credit pull. No obligation. A loan officer confirms real terms within one business day.
- Screened against real lending criteria — this one fits 2 programs.
- Qualifies on the property's rent — no W-2 or tax returns.
- Listing data verified as of June 9, 2026.
Not the one? Browse more in FL →
Rent, payment, and cashflow figures are estimates based on current market data and business-purpose investment-loan criteria, for non-owner-occupied property. Not a commitment to lend, not financial advice, and not an offer of any specific loan or property. Listing data may change; properties may sell. All terms confirmed by a loan officer and subject to underwriting and appraisal.