1039 Ake Ln Jacksonville, FL 32218
4bd, 2ba | 1,404sqft | Built in 1960
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Initial Investment
$112,235
List Price: $105,000
Purchase Price
$105,000
Down Payment
100%
Rent
$993

Total Return
$39,656
Annualized Return
6.9%
Cap Rate
6.2%
Gross Yield
11.3%
Cash Flow
$5,909
Appreciation
3.6%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/01/2017 
Lease End
10/31/2019 
Lot Size
8,747 
HOA
None
Flood Risk
Not Required
  • Single-level home with large family room and en suite master
  • Brand new roof
  • 1% Rule
  • Current lease through 10/2019

Annual Financial Highlight
Expected Rent
$11,320
Expenses
-$3,695
Property Taxes
-$1,716
Loan Payments
$0

Net Cash Flow
$5,909
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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