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Excellent income-producing quadplex opportunity located at 6528 Sweetbay Lane in Jacksonville, FL 32244. Built in 2023, this newer four-unit property offers investors the advantage of modern construction, lower maintenance exposure, and immediate rental income from day one. Two units are currently rented, with one producing $1, 325 per month and the other producing $1, 249 per month, creating existing gross rental income of $2, 574 per month. The remaining two units are vacant and ready to be leased, allowing the next owner to increase cash flow and stabilize the asset at full occupancy. This property is ideal for an investor seeking a turnkey rental asset in a growing Jacksonville market. With all four units under one building, newer construction, current rental income in place, and upside through leasing the available units, 6528 Sweetbay Lane presents a strong opportunity to build long-term cash flow and expand a rental portfolio.
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Our Executive Mortgage Banker:
Our Insurance Division:
$749,900
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $599,920 | $599,920 | $599,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.697% | 6.650% | 5.992% |
| Monthly Tax Payment | $940 | $940 | $940 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,645 | $3,792 | $4,982 |
| Total Monthly Payment | $4,677 | $4,824 | $6,014 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.