$740K Under ARV: 3,516 Sq Ft Jacksonville Home at 56% of ARV

This 1932 single-family home offers 3 bedrooms, 2 bathrooms, and 3,516 square feet on a 9,476-square-foot lot with no HOA. The roof is approximately 3 years old, HVAC approximately 10 years old, and water heater approximately 6-10 years old. Estimated repairs total $20,000. Purchase price is $955,000 with an estimated ARV of $1,000,000. Estimated long-term rental income is $4,501 per month and short-term rental income is $5,558 per month. Potential gross spread is $750,000-$800,000.