Todd Johnson Rental Deal
Action Property Ventures
in Jacksonville, FL
Todd Johnson with Claire Johnson
On November 3rd, 2020 we closed on our 6th Rental Deal this year! Located in Jacksonville, Florida the 8337 Cocoa Ave home was built in 2020 and consists of 3 bedrooms, 2 bathrooms, and a 2-car garage with 1330 s.f. of living space. We located this opportunity with one of the FortuneBuilders partners, JWB. The property is currently rented for $1399 per month on a 3-year lease. The analysis of the property yielded the following metrics: $258 Monthly Cash Flow 7.8% ROI 6.1% Cap Rate.