3/1 TurnKey Property in Jacksonville FL @35k

[Jerald Alford]

7815 Marion St. Jacksonville FL 32209

Here is a 3bd 1bath quaint little home to invest in or call your home. Your choice!!!

Wood Flooring throughout the home.
Very good roof
Connected to City Water
1 Car Garage, screened in porch, shed in the back yard, and plenty of space in the back yard to entertain friends and family. This home is currently vacant.

County currently has this listed as a 2bd 1bth, but this is incorrect and there have not been any un-permitted additions made.

Investment Breakdown:
Average Rents: $1097 (per rentometer.com)
Rent @ $750 per month would yield a $9000 Gross income
Taxes: $680 per year
Insurance $650 per year
Cap Rate: 21.9% yearly!!!

Comps:
8145 Marion Cir
Sold: $55,000
Sold on 10/28/14
-------------------------
1010 Edgewood Ave W
Sold: $40,000
Sold on 11/04