2372 2nd Ave

Jacksonville, FL 32208
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3 bd, 1 ba | 960 sqft | Built in 1936

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List Price
$85,000

Initial Investment

$23,885

Purchase Price

$76,000

Down Payment

25%

Rent

$925

Total Return

$62,160

Annualized Return

30.3%

Cap Rate

7.3%

Gross Yield

14.6%

Cash Flow

$784

Appreciation

12.8%
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Features

Occupancy

Occupied

Lease Start

06/01/2018

Lease End

05/31/2019

Lot Size

12,499

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,545

Expenses

-$4,130

Property Taxes

-$1,500

Loan Payments

-$4,132

Net Cash Flow

$784

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