Jacksonville, FL 32208 – Maximize Cash Flow: Sub to Deal Offering Lucrative Rental Income in Jacksonville!

Description

1588 BROOK FOREST DR,
JACKSONVILLE, FL 32208

HOW CAN YOU PROFIT ON THIS DEAL?
This Sub to deal in Jacksonville, Florida represents a low-risk, high-reward investment opportunity in the thriving Jacksonville rental market. With rental comps in the area ranging from $1,300 to $1,400 per month, the property has the potential to generate a steady and attractive passive income stream.

Sub To Details:

Cash down payment: $20,000.00
Interest Rate: 6.5%
Principle & Interest = $948.10
Taxes = $154.90
Insurance = $117
Total Monthly = $1,220
Cash to Seller: $0.00
Arrears: $0.00
PROPERTY SPECS
🏠Single Family Home🏠!
3 Bed/ 2 Bath
1,050 SF living area
4,356 SF of lot
Newer Roof – 3 years old
AC – 5 years old
TURNKEY – RENT READY!!!
Only light touch ups needed
See video Walkthrough (Below Additional Deal Details!)
Comps within a Half Mile:

864 Brandywine St; 3 bed/2 bath; 986 SF; $187k; Sold 01/23/24 – $190/SF
7576 Calvin St; 3 bed / 2 bath; 1,160 SF; $215k; Sold 12/13/23
1630 Forest Hills Rd; 3 bed / 2 bath; 1,241 SF; $190k; Sold 11/03/23
5886 Moncrief Rd; 3 bed / 2 bath; 1,210 SF; $186k; Sold 11/14/23
Rental Comps within a Half Mile:

$1,380/mo; 1492 Golf Forest Dr; 3 bed / 2 bath; 1,100 SF
$1,330/mo; 1508 Golf Forest Dr; 3 bed/2 bath; 1,100 SF