3502 Japonica Rd N

Jacksonville, FL 32209
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3 bd, 1 ba | 941 sqft | Built in 1954

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List Price
$69,000

Initial Investment

$18,923

Purchase Price

$69,000

Down Payment

25%

Rent

$960

Total Return

$36,802

Annualized Return

26.5%

Cap Rate

8.5%

Gross Yield

16.7%

Cash Flow

$1,452

Appreciation

7.4%
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Features

Occupancy

Occupied

Lease Start

12/19/2019

Lease End

11/30/2020

Lot Size

7,750

HOA

None

Flood Risk

Not Required

  • Administrative fee of $10 included in monthly rent
  • One-level single family home with central AC
  • Fully fenced yard
  • Low cost for required repairs

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,944

Expenses

-$4,441

Property Taxes

-$1,300

Loan Payments

-$3,751

Net Cash Flow

$1,452

See more in Financials

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