Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

5865 Calvary Drive Lot 46 Jacksonville, FL 32244

4 Beds 3 Baths 2,206 sqft Built 2021

$253,990

List Price

$1,800

$1.6K - $2K

Rent Est.

PROPERTY INFO

Built 2021 NEW CONSTRUCTION
FACTS
  • Built In 2021
  • Price/Sqft : $115.14
  • 9 Days on Market
  • MLS # : No MLS Number
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,206 sqft
  • Baths : 2 full , 1 half
Listing Agent

Tobin

Listing Agent's Description

Estimated Completion date Feb 4 2021

SEE MORE

PRICE & RENT TRENDS

Neighborhood: Duclay

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $60k227k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Duclay

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7761540

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Sadie T. Tillis Elementary School Primary Regular 528 33 3
Jefferson Davis Middle School Middle Regular 813 48 2
Westside High School High Regular 1,417 71 4

Sadie T. Tillis Elementary School

  • Education Level: Primary
  • # of students: 528
  • # of teachers: 33
3
GreatSchools Rating

Jefferson Davis Middle School

  • Education Level: Middle
  • # of students: 813
  • # of teachers: 48
2
GreatSchools Rating

Westside High School

  • Education Level: High
  • # of students: 1,417
  • # of teachers: 71
4
GreatSchools Rating
 

$228,591$279,389$253,990

PURCHASE PRICE

$1,620$1,980$1,800

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,800
EXPENSES Loan Payment -$937
Property Tax -$296
Property Insurance -$165
HOA -$51
Property Management Fees -$162
CASH FLOW
$188

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 10% of earned rent to cover both maintenance and periods of vacancy.

$253,990

PROJECTED PRICE

$1,800

PROJECTED RENT

0.71%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.38%
Appreciation Year (1-5) 5.1%
Maintenance Year (1-5) 3.00%
Vacancy 6.58%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$69,807

INVESTMENT

$69,807

Down Payment
$63,498
Rehab Estimate
$2,500
Closing Costs
$3,810

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 35% down payment or higher enables the proceeds from the asset to cover all costs.

$937

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $63,498
Loan Amount $190,493
See What Happens When You Reinvest Cash Flow

7.67

YEARS SAVED

$32,162

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

Solutions Manager

YOUR SOLUTIONS MANAGER

Please Contact Your Solutions Manager

To review the detailed price and rent comps for this property and answer any questions you may have.

PROPERTY LISTING DETAILS
Mynd
Tobin
BESbswy