6440 Lanark Ave

Jacksonville, FL 32208
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3 bd, 2 ba | 1,038 sqft | Built in 1956

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List Price
$95,000

Initial Investment

$23,435

Purchase Price

$86,000

Down Payment

25%

Rent

$975

Total Return

$72,420

Annualized Return

33.5%

Cap Rate

6.8%

Gross Yield

13.6%

Cash Flow

$602

Appreciation

12.8%
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Features

Occupancy

Occupied

Lease Start

06/05/2017

Lease End

06/04/2019

Lot Size

5,174

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,115

Expenses

-$4,157

Property Taxes

-$1,681

Loan Payments

-$4,675

Net Cash Flow

$602

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