Archived about 2 months ago

$159,000

3 bd 1 ba 0 sqft

1271 Neva St, Jacksonville, FL 32205

Residential SFR Occupied Needs Repairs

Current Rent

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

1271 NEVA ST, JACKSONVILLE, FL 32205 – NICE INVESTMENT PROPERTY IN HILLCREST!

NICE INVESTMENT PROPERTY IN HILLCREST!

This is a multi-family home which needs a little tlc. Not much to look at but this property has a detached efficiency apartment, giving it an undeniably great potential in the rental market. Here are some additional information you need to know:

ARV: $220-240k
ROI: 12%
Moderate to heavy rehab with estimated $30k in repairs
Estimated rent for the house: $1,250
Estimated rent for the apartment: $750
Owner occupied

PROPERTY SEARCH: https://paopropertysearch.coj.net/Basic/Detail.aspx?RE=0669300000

Location:

1271 Neva St, Jacksonville, FL 32205

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*The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.