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4804 Clyde Dr, Jacksonville, FL 32208

$89,000 After Repair Value -
$60,000 Asking Price -
$5,000 Cost of Repairs =
$24,000 Potential Profit

Property Details

Asking Price $60,000

After Repair Value $89,000

Costs of Repairs $5,000

Potential Profit $24,000

Living Area 1310 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $900

Yearly Expenses N/A

Property Taxes $1,100

Net Operating Income $11,000

Cap Rate 12.5%

Property Description

ROOF REDONE IN 2006, AC REPLACED IN 2005 WHICH WAS SERVICED REGULARLY, KITCHEN FLOORS REDONE 2 YEARS AGO. MOST OF THE HOMES WINDOWS HAVE BEEN REPLACED. MARKETS RENTS ARE AT $900 A MONTH AND THIS IS A HIGHLY RENTED NEIGHBORHOOD. THIS PROPERTY BOAST A 12.5% CAP RATE BASE ON 30% EXPENSE RATIO! WHICH BY MEANS NEEDS TO BE SPENT, JUST COSMETICS STUFF NEEDED.

Repairs Needed

JUST PAINT AND CARPET

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