2524 Lewis St Jacksonville, FL 32204
2bd, 1ba | 828sqft | Built in 1921
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Initial Investment
$73,265
List Price: $72,000
Purchase Price
$72,000
Down Payment
100%
Rent
$685

Total Return
$29,263
Annualized Return
7.6%
Cap Rate
5.9%
Gross Yield
11.4%
Cash Flow
$3,749
Appreciation
3.6%
Features
Roofstock Certified
Occupancy
Month To Month
Lease Start
04/05/2017 
Lease End
M/M
Lot Size
3,221 
HOA
None
Flood Risk
Not Required
  • Administrative fee included in monthly rent of $10.00

Annual Financial Highlight
Expected Rent
$7,809
Expenses
-$2,560
Property Taxes
-$1,500
Loan Payments
$0

Net Cash Flow
$3,749
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

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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