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1704 Seminary Street Jacksonville, Florida


This house has just been acquired and the remodel process is already started. The house is a 5 bedroom 2 bath with over 2,000 Sq ft. The house is going to get a 6th bedroom added in with a complete rehab. The rehab will include a completely new electrical system, new HVAC system, new carpet, new tile, and new cabinets. The one car garage is going to be updated and functional along with the addition of washer and dryer hook-ups. This house will appraise well over $130k.

Estimated Appraisal: $135,000
Estimated Repairs $22,000
Zero Money out of Pocket Loan: $78,500
LTV 58%
Rental Market $800-$1000 per month.
Potential Cash-Flow @6% interest = $350

Before Renovation
After Renovation
































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