Block Triplex in Jacksonville | EquityPro
81
14.74% Estimated APY
$54,900 Investor Price
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91 Ben Yonge
104 Bob Tosi
230 Brandon Jenkins
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228 Chris Chuck
272 Daniel Gonzalez
199 David Sheehan
105 Jason Bobbitt
211 Jeremy Howells
107 John Barber
203 Jonathan Rokh
196 Josh Black
208 Mike McKernan
218 Rene Droz
179 Rusty Longaberger
223 Ryan Akers
210 Shakira Thompson
227 Shaun Rourke
260 Zachary Faulk

Block Triplex in Jacksonville

3 bed / 3 bath1,375 sq ft Built in 1972Multi-family
View Map Metes & Bounds
507 Summer St Jacksonville, FL 32254
81
Occupancy Status
Low High
17/20
Level of Rehab
Heavy Light
16/20
Location of Neighborhood
Far Close
17/20
Quality of Floor Plan
Choppy Flowing
17/20
School Rating
F A
7/10
Placement in Neighborhood
Busy Calm
7/10
Property Details

Now available, concrete block triplex in Jacksonville, Florida. Each unit is a 1 bedroom, 1 bathroom, and 458 square feet of living space. After a moderate rehab on this property, expect rent from each unit to be around $500 per month giving investors a very appealing AYP. Contact your EquityPro Advisor today for more information on this multi-family investment opportunity.

We recommend rent
Rental Income
$1,500 mo. / $18,000 yr.
Investor Price
$54,900
Closing Costs to Buy
$1,950
Rehab Projection
$34,800
Utilities
$300
Property Insurance
$1,000 / yr.
Estimated Taxes
$1,050 / yr.
Property Management
$1,800 / yr.
Maintenance
$600 / yr.
HOA Dues
$0 / yr.
$13,550
Projected Income
14.74%
Estimated APY
After Repair Value
$97,000
Investor Price
$54,900
Closing Costs to Buy
$1,950
Rehab Projection
$37,600
Utilities
$300
Closing Costs to Sell
$1,950
Listing Agent Commission
$2,900
$-2,600
Total Projected Profit
-2.61%
Estimated ROI

Comps

Listed
Pending
Sold
1552 W 35th St; Jacksonville, FL 32254 $85,000
4 bed / 2 bath 1,248 sq ft Sold 02/14/17
1657 Union St W; Jacksonville, FL 32254 $86,000
4 bed / 2 bath 1,350 sq ft Sold 03/01/17
Flip Rehab Details
Grounds
Lawn/Mulch beds
$2,000.00
Landscaping
Other
$500.00
Pest Control
Exterior
Roof
$7,000.00
Exterior Paint
$1,500.00
Windows / Screens
$600.00
Replace Broken Windows
Other
$500.00
Misc Rehab Costs
Interior
Interior paint
$2,000.00
Tile flooring
$6,000.00
Kitchen countertops
$3,000.00
Kitchen cabinets
$6,000.00
Bathroom vanity
$800.00
Bathroom countertops
$800.00
Kitchen appliances
$4,500.00
Light fixtures/Outlets
$900.00
Miscellaneous hardware
$1,000.00
Cleaning / Trash Removal / Dumpster Rental
Other
$500.00
Misc Rehab Costs
Rent Rehab Details
Grounds
Trash removal
$1,000.00
Cleaning / Trash Removal / Dumpster Rental
Other
$500.00
Pest Control
Exterior
Roof
$7,000.00
Windows / Screens
$600.00
Replace broken window
Interior
Interior paint
$2,000.00
Tile flooring
$7,500.00
Kitchen cabinets
$6,000.00
Kitchen countertops
$3,000.00
Bathroom vanity
$800.00
Bathroom countertops
$800.00
Kitchen appliances
$4,500.00
Light fixtures/Outlets
$600.00
Other
$500.00
Misc Rehab Costs