This very large three bedroom house is listed today in the US at $51,000, we have negotiated a discount for our clients. This property has been completely refurbished throughout and is Section 8 approved and Section 8 tenanted at $930 a month. The property has three large bedrooms and comes on a huge 7,687 sqft lot .This property is managed by one of the leading Jacksonville property management companies.This Section 8 property is ideally located in Magnolia Gardens a great family area in north Jacksonville, the house is located right next to Carter Woodson one of the largest elementary schools in this area and is only six miles from downtown Jacksonville,

Investment Details

$11,160 rent a year.
$1,160 management fee.
$700 taxes.
$500 insurance.
= 19% net return.