4503 Melvin Cir W Jacksonville, FL 32210
4bd, 2ba | 1,072sqft | Built in 1967
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Initial Investment
$117,450
List Price: $115,000
Purchase Price
$115,000
Down Payment
100%
Rent
$950

Total Return
$44,530
Annualized Return
7.2%
Cap Rate
5.4%
Gross Yield
9.9%
Cash Flow
$5,645
Appreciation
3.6%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
02/24/2017 
Lease End
02/29/2020 
Lot Size
9,582 
HOA
None
Flood Risk
Not Required


Buy It Now: Offers at list price include an American Home Shield home warranty.

Annual Financial Highlight
Expected Rent
$10,830
Expenses
-$3,306
Property Taxes
-$1,880
Loan Payments
$0

Net Cash Flow
$5,645
Considerations
Property Characteristics    View Details

Roofstock Guarantee
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  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

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From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.