Assumptions

• 30% down payment with a 5.5%, 30-year fixed-rate mortgage.
• Annual rental income grows at a rate of 3.6% per year.*
• Annual home prices appreciate at a rate of 4.9% per year.**
• Operating expenses grow at 3% per year.
• Includes selling, holding, and closing costs equal to 10% of the sales price at the end of 10 years.
• Assumes a 10-year hold.

* This is the historically accurate rate of jacksonville single-family rent growth in Jacksonville, FL since 1985 (Doorbia Rentals)

** This is the historically accurate rate of Jacksonville single-family home price growth in Jacksonville, FL since 1982 (Doorbia Rentals)