Investor Retiring...!!! Sunny Jacksonville, Florida, $1,300 Monthly Gross Income... $15,600 Gross Rental Income per Year. ( Asking $115,000 OBO @ 6% for 30 yrs = Payment $690 month P.I... 100% Bank Financing Available, MUST Qualify...!!! ) or Assume current mortgage pmnt of $400 month, $68K Balance @ 3.5%, 19 Yrs left. Taxes are $1,500 Year or $125 month, insurance is $63 month. one side pays for the all the expenses, other side is monthly profit. Great Investment, or Live in One Side for free While Renting the Other Side, getting $600 for one side, and other side $650 ( Long term tenants in 2nd and 3nd Year lease), Newer Central A/C Units, Solid Concrete Block Construction, built in 1985, 1/3 Acres Lot, 3 City Lots, 1 mile from HomeDepot Off Lane Ave and Super walmart on Normandy. Will Co-Op...!!! Built in 1985...!!! Quiet Neighborhood, Huge Fishing Lake in the back of the property, Bring All Offers/Trades...!!! Will Consider RTO and Trades...!!! for All Three OBO or Will Trade ... Also Will consider Trade for Commercial Property...!!! Motivated Seller.. Will Co-Op, Bring All Offers...!!! Call
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PI Pmnt is $400 month @ 3.5% with 19 yrs. left; PITI Pmnt is $400+125+63 = $588.00 month. rent income is $1,250; profit $662 month or $7,945.00 per year. profit over 20 years = $158,880.00. while at the same time the other side of the Duplex pays for the Duplex. I am retiring that is why I am selling.
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