806 3rd Ave NE
Jacksonville, AL 36265
List Price
$189,900
Initial Investment
$51,748Purchase Price
$189,900
Down Payment
25%
Rent
$1,350
Total Return
$26,297
Annualized Return
8.9%
Cap Rate
6.2%
Gross Yield
8.5%
Cash Flow
$887
Appreciation
2.0%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
22,500
HOA
None
Flood Risk
Not Required
Nice brick ranch home near Jax State with a total of 4 bedrooms, and 3 full bathrooms including the full attached in-law suite/ apartment. There are gleaming hardwood floors through most of the open floor plan home, nice tile bathrooms, and individual heating and cooling units in each room. The studio apartment features an economy kitchen, full bath and laundry area. Ductless HVACs, roof, fresh paint new in the last 5 years.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$15,390Expenses
-$3,619Property Taxes
-$560Loan Payments
-$10,324Net Cash Flow
$887See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Certified Agent Brokerage:Ben Preston
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AL Brokerage License 100333-0
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SourceGreater Alabama MLS
MLS #21379785
Last Updated: 03/15/2024 19:03
MLS #21379785
Last Updated: 03/15/2024 19:03