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Archived about 1 year ago

$450,000

3 bd 3 ba 2 sqft

XXX Twin Falls DR W, Jacksonville, FL 32224

Residential SFR Occupied Off MLS

Current Rent **

$3,500

Projected Rent **

$3,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Jacksonville, FL | Equity Spread: $ 100K | $ 10,500 PREPAID Rent

End Buyers Only
Jacksonville, FL, 32224

Investment Opportunity + Leaseback:
Asking Price: $ 450K
Equity Spread: $ 150K
Monthly Rent: $ 3,500 with 3 months of prepaid rent + deposit
Total rental income: $ 10,500

3 BD / 3 BA
Sq. Ft: 2,787
Lot size (Acres): 0,953
Year Built: 1991
Seller wants to stay as a tenant

Recent sold comparables:
3090 Prescott Falls Dr, Jacksonville, FL 32224 Sold for $ 550.015
2958 Twin Falls Ct, Jacksonville, FL 32224 Sold for $ 580.000

Why buy this property?
Target, Walmart, Publix within 4.5 Mi
Mayo Clinic: less than 2.5 Mi
Several dining options 0.4 Mi
University of North Florida: less than 4.5 Mi
Several schools within 4.5 mi
Beach Boulevard: less than 2 Mi

Low Crime Rate
Investment Potential
Proximity to Work
Good Schools
Community Amenities

DISCLAIMER:

DO NOT CONTACT THE OWNER/SELLER WITHOUT OUR EXPLICIT CONSENT. ANY ATTEMPTS TO RENEGOTIATE OR MAKE CONTACT WITH THE OWNER WILL RESULT IN LEGAL ACTION

Location:

XXX Twin Falls DR W, Jacksonville, FL 32224

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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.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.