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8329 Homeport Court Lot 8 Jacksonville, FL 32244

3 Beds 3 Baths 1,281 sqft Built 2021

$158,900

List Price

$1,275

$1.1K - $1.4K

Rent Est.

PROPERTY INFO

Built 2021 NEW CONSTRUCTION
December 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2021
  • Price/Sqft : $124.04
  • 7 Days on Market
  • MLS # : No MLS Number
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,281 sqft
  • Baths : 2 full , 1 half
Listing Agent

Tobin

PRICE & RENT TRENDS

Neighborhood: Jacksonville Heights

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220kPrice in $58k227k

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

Neighborhood: Jacksonville Heights

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7331540

* 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
Jacksonville Heights Elementary School Primary Regular 597 44 3
Jefferson Davis Middle School Middle Regular 813 48 2
Westside High School High Regular 1,417 71 4

Jacksonville Heights Elementary School

  • Education Level: Primary
  • # of students: 597
  • # of teachers: 44
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
 

$143,010$174,790$158,900

PURCHASE PRICE

$1,148$1,403$1,275

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,275
EXPENSES Loan Payment -$586
Property Tax -$217
Property Insurance -$33
Property Management Fees -$115
CASH FLOW
$324

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.

$158,900

PROJECTED PRICE

$1,275

PROJECTED RENT

0.80%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.38%
Appreciation Year (1-5) 12.3%
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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$42,109

INVESTMENT

$42,109

Down Payment
$39,725
Rehab Estimate
$0
Closing Costs
$2,384

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 20% down payment or higher enables the proceeds from the asset to cover all costs.

$586

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $39,725
Loan Amount $119,175
See What Happens When You Reinvest Cash Flow

14.25

YEARS SAVED

$44,337

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