1617 Campus St

Jacksonville, FL 32209
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3 bd, 1 ba | 995 sqft | Built in 1951

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List Price
$68,000

Initial Investment

$22,023

Purchase Price

$62,500

Down Payment

25%

Rent

$950

Total Return

$34,199

Annualized Return

23.7%

Cap Rate

10.3%

Gross Yield

18.2%

Cash Flow

$2,398

Appreciation

7.4%
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Features

Occupancy

Unspecified

Lease Start

04/01/2021

Lease End

03/31/2022

Lot Size

6,117

HOA

None

Flood Risk

Not Required

  • Utility and Maintenance Reduction included in monthly rent of $20
  • Strong cap rate
  • Below market rent
  • Being sold as-is

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,834

Property Taxes

-$1,200

Loan Payments

-$3,398

Net Cash Flow

$2,398

See more in Financials

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