8071 Devoe St

Jacksonville, FL 32220
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2 bd, 1 ba | 988 sqft | Built in 1990

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List Price
$115,000

Initial Investment

$33,383

Purchase Price

$117,000

Down Payment

25%

Rent

$1,400

Total Return

$64,534

Annualized Return

27.0%

Cap Rate

8.9%

Gross Yield

14.4%

Cash Flow

$3,251

Appreciation

7.3%
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Features

Occupancy

Vacant

Lot Size

5,718

HOA

None

Flood Risk

Not Required

Calling all investors! Here is a perfect property to add to your portfolio. Property needs very minimal work to be rent ready. Hvac and Water heater are 4 years old. Additional Laundry room in Carport is heated and cooled as well adding another 80 sq ft. Property is conveniently located just 2 minutes off I-10. Don't wait or this 1 will be sold! More pics to come.

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Daniel Danyus
EXIT Real Estate Gallery
FL Agent License #BK3205637

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$4,948

Property Taxes

-$1,400

Loan Payments

-$6,361

Net Cash Flow

$3,251

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:BRYAN DURRENCE
Agent License 3382436
FLORIDA HOMES REALTY & MTG LLC
Certified Agent Brokerage:Daniel Danyus
EXIT Real Estate Gallery
FL Brokerage License BO2027225
SourceNortheast Florida Association of Realtors
MLS #1114569
Last Updated: 06/13/2021 07:06
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.