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Updated about 10 years ago on .

User Stats

128
Posts
31
Votes
Jerald Alford
  • Investor
  • Jacksonville, FL
31
Votes |
128
Posts

2/1 Charmer In Jacksonville FL only 40K!!!

Jerald Alford
  • Investor
  • Jacksonville, FL
Posted

8226 Colville St, Jacksonville FL 32220

2 Beds 1 Bath only 40k

Description

Here is a 2/1 charm of a house located in the Mariette/Whitehouse area of town (Right off of Bulls Bay Highway). This home sits on a nice sized lot, it is a well house that has a septic tank. Plenty of space for the kids to run around in the front and the back yards!
There is also a laundry room that is a permitted addition to the home with a water softener!
Front porch big enough for a patio set
Fenced in yard all the way around
Quiet neighborhood

Investor Data:
Avg Rent: $850
Taxes: $575
Insurance: $700
@40k the Cap Rate on this one is %22.3%
@40k x 2% = $800

Make me an offer!!!!