1703 Alfen St

Jacksonville, FL 32254
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3 bd, 2 ba | 1,185 sqft | Built in 1962

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List Price
$109,000

Initial Investment

$30,297

Purchase Price

$109,000

Down Payment

25%

Rent

$1,110

Total Return

$61,052

Annualized Return

25.2%

Cap Rate

6.4%

Gross Yield

12.2%

Cash Flow

$385

Appreciation

9.2%
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Features

Occupancy

Occupied

Lease Start

10/15/2019

Lease End

10/14/2021

Lot Size

6,396

HOA

None

Flood Risk

Not Required

  • Brand new roof installed Oct 2019.
  • Good cap rate
  • Leased through 10/14/2021
  • Easy access to downtown Jacksonville (5 miles)
  • Pest control fee included in monthly rent of $10.00

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$12,654

Expenses

-$4,543

Property Taxes

-$1,800

Loan Payments

-$5,926

Net Cash Flow

$385

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