Tenanted Florida buy to let

4 bed Villa for sale Florida - USA

EUR 42,240
ForSale sqftArea 2Baths 4Beds
Refurbished and tenanted 4 bedroom single family home generating excellent net yield.

Great buy to let deal for cash buyer!


1324 W 16th St, Jacksonville, FL 32209 is a spacious 4 bedroom, 2 bathroom single family home which has recently been renovated to section 8 standards and is already let to section 8 tenants at $800 per month.


Built in 1942, this excellent property measures 1,012 Sq. ft. on a lot of 5,022 Sq. ft.


Zillow predicts Mid-Westside home values will rise 4% next year


KEY FIGURES:


Purchase Price:         $45,000


Fixed Closing Cost:    $1,000 (Estimated)


Agency Fee:             $1,500


TOTAL OUTLAY:         $47,500


RENTAL INCOME:       $9,600


OUTGOINGS:


PROPERTY TAXES:     $662


INSURANCE:             $600


MANAGEMENT:          $816


TOTAL OUTGOINGS:  $2,078


NET INCOME:            $7,522


THE NET YIELD IS THEREFORE A FANTASTIC 15.84%


Please contact us for further information or to reserve this property.

  • Fully renovated
  • Let to section 8 tenants
  • Immediate income
  • 15.84% net yield

Not mentioned

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