Northeast Florida Real Estate Investing
Search Northeast Florida Bargain Properties for sale. Find foreclosures, corporate relocations and homes that have been on the market for too long.
Search for Jacksonville Investment Properties. Find Duplexes, Triplexes and small apartment buildings for sale.
How to gauge Return on Investment:
Calculate PITI based on the down payment the buyer wants to put down.
Subtract the PITI from the expected rent then mutiply it by 12 and divide this number by their down payment. This will give them their annual return on down payment.
Don´t forget you will also be getting appreciation on the property and possible tax depreciation write off on your taxes if allowed by IRS guidelines (which is often greater then the annual return on down payment based on rent) which can be used to further enhance your return