2429 W CEDAR TRACE DR (MLS: TB8503468) For Sale

2429 W CEDAR TRACE DR, (Duval), Jacksonville Florida 32246

Currently Rented at $2,400.00 / month

Area: 2600

Property Info

  • MLS TB8503468
  • Unit No -
  • Bedrooms 3
  • Bathrooms 2
  • Area (sqft) 2600
  • Living Area (sqft) 2100
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $35.00

Interior Features

  • Ceiling Fans(s)
  • Eat-in Kitchen
  • High Ceilings
  • Open Floorplan
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Thermostat
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Window Treatments

Buy Price

$
$499,000.00

Rental Price

$
$2,400.00
  • Cap Rate
  • 4.2%
  • Gross Yield
  • 5.8%
  • Lease End Date
  • March 28, 2027

  • Rent Amount
  • $2,400.00

Cash Flow

Cap Rate4.2 Gross Yield5.8% Annual Rent$28,800.00 Property Taxes$7,210.05 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $28,800.00 $2,400.00 / mo $144,000.00 $2,400.00 / mo $288,000.00 $2,400.00 / mo
Estimated Expenses $7,210.05 $36,050.25 $72,100.50
Net Cash Flow $21,589.95 $107,949.75 $215,899.50
HOA Fees $420.00 $2,100.00 $4,200.00