Investment Property Pensacola FL $115,000

Real Estate Agent with Main Street Properties

Investment Property Pensacola FL $115,000


JUST LISTED Duplex in the Myrtle Grove Neighborhood in Pensacola Florida

701 North 72nd Avenue 32506


Has been a rental investment for the same owner for the last 20+ years

Unit 701 is vacant || 1,390 square feet appoximate || 3 bedrooms || 1 bathroom || one car carport || utillity room with washer dryer hook-up

Unit 703 occupied || approximately 500 square feet || efficiency || one car carport || utility room with washer dryer hook-up

  • Potential Gross Income is $1,200 per month.  
  • Cap rate estimate 7.5% with a 70% LTV with a 6% rate

Unit 701

Unit 701




 701 North 72nd Avenue Pensacola FL 32506


Jack Lara, Better Homes and Gardens Real Estate, Main Street Properties, Pensacola, FL

(850) 554-9543 or



This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
pensacola area properties
jack lara realtor
pensacola real estate investing

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams fox cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Hi Jack,  Congratulations on this listing.  It looks like an excellent opportunity for an investor.  I am sure you will find the right one soon.

Jan 12, 2019 10:59 PM #1
Richard Weeks
Dallas, TX
REALTOR®, Broker

Congratulations on your new listing.  Nice house and nice job with your presentation.

Jan 13, 2019 07:05 AM #2
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

7.5% with those terms is actually an excellent return for an investor. Curious about what the cash on cash is.

Jan 13, 2019 10:43 AM #3
Jack Lara
Main Street Properties - Pensacola, FL
"Jack Lara...Your Real Estate Advisor"
Term of Loan 30
Interest Rate 6.00%
% Down Pymt 30%
Closing Costs/Prepays $3,450
Annual Debt Service $5,796
Cash on Cash Return 7.37%
Debt Service Ratio 1.48
Operating Expense Ratio 40%
Jan 13, 2019 12:42 PM #4
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Congratulations on your new listing! I hope it will sell soon and that investors are finding this as a great opportunity to grow their portfolio!


Jan 13, 2019 07:06 PM #5
Jeremy K. Frost
Keller Williams Realty - Dripping Springs, TX
Associate Broker, CNE, CRS, ePro, PSA

This is a great property and great presentation. Thank you for sharing!

Jan 14, 2019 08:29 AM #6
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jack Lara welcome to ActiveRain, and congratulations on successfully posting your first blog on this site.

Jan 16, 2019 07:01 PM #7
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Jack Lara

"Jack Lara...Your Real Estate Advisor"
I need help. I may lose my house what are my options?
Spam prevention

Additional Information