Section 8 home for sale with tenant..Great Inve... - 3br for sale in Jacksonville, Florida

$44,990

A turnkey Section 8 property with a long-term tenant from past 6 years! The property was just re-certified for another year, so you can rest assured that the rent isn't changing and the tenant isn't moving anywhere until July 2016. There are no repairs required at this time! Truly turnkey - pick it up and start collecting your rent directly deposited into your account by the Government! Rent: $828 * 12 = $9,936 Tax: $741 (Estimated at 2014 level) Insurance: $500 (Estimated) Repair Budget: $994 (budgeted at 10% of annual rent) Net Income: $7,690 Net ROI: 7,690/45,000 = 17% Please call 08 if you are interested. Please do not disturb the tenant! Thanks! more details: 1325 Dena Street, Jacksonville, FL 32254 is For Sale


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