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757 Crestwood St

2 Unit Apartment Building $139,999 ($70,000/Unit) 10.42% Cap Rate Jacksonville, FL 32208

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Investment Highlights

100% Leased & Occupied
High Cap | Room for Added Value & Equity

Cash Flow Day One

Executive Summary

CRESTWOOD LOFTS | Cash flowing duplex. Professionally managed. Unit A leased at $900/m (tenant pays utilities). Unit B leased at $775/m (tenant pays utilities). Owner pays lawn care.
Cost Analysis Performed as Rental Property
In:
Rent - $20,100.00
Out:
(Annual) Property Taxes - $1,533.00
(Annual) Estimated Insurance - $1,444.00
(Annual) Property Management (Optional) - $1,608.00
(Annual) Estimated Utilities/Lawn/Repair/Misc. - $924.00
Total Costs - $5,509.00
Net: $14,591.00
Earn:
Total yearly net equates to - $14,591.00
Total monthly gross equates to - $1,675.00
TOTAL MONTHLY NET EQUATES TO - $1,215.92
*Cash offers preferred.

Property Facts

Price	$139,999	Building Class	B
Price Per Unit	$70,000	Lot Size	0.14 AC
Sale Type	Investment	Building Size	1,402 SF
Cap Rate	10.42%	Average Occupancy	100%
No. Units	2	No. Stories	1
Property Type	Multifamily	Year Built/Renovated	1924/2019
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	$139,999
Price Per Unit	$70,000
Sale Type	Investment
Cap Rate	10.42%
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	B
Lot Size	0.14 AC
Building Size	1,402 SF
Average Occupancy	100%
No. Stories	1
Year Built/Renovated	1924/2019
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.