Washington, DC
Single-Family Residential

by ubaidullah

  • $60,000.00

    Funding Goal
  • $7,000.00

    Funds Raised
  • 0

    Days to go
  • Goal and Date

    Campaign End Method
Raised Percent :
11.67%
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ubaidullah

1 Campaigns | 0 Loved campaigns

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Campaign Story

Investors Purchase Price
1000 $300,000
Property Leverage Monthly Rent
0% $1,795

 

10/26/23 Status Update: A lease has been signed and we have confirmed the resident has moved in. The lease for this home started on October 23rd at $1,795 monthly rent for 19 months. This was rented for $300 below the forecasted amount.

10/16/23 Status Update: An approved lease application has been signed and is awaiting the resident’s move in.

5/31/23 Status Update: This property is currently listed for rent on Zillow and other major rental sites.

The Caterpillar is a charming 4 bedroom, 2 bathroom single-family residence in Jacksonville, FL. One of the home’s most gorgeous features is the large backyard with a beautiful view of the community pond. The home has an open floor concept and a separate wing for two of the bedrooms. There is a brand new carpet throughout for the utmost comfort. Large screened sliding doors make it easy to bring the outdoors inside. Enjoy the screened-in patio for true relaxation.

Address: 2880 Alpin Drive, Jacksonville, FL 32218

The Offering Details provide a breakdown of the financials for a specific property offering. The Offering Details show the operating plan for the property, including how the Raise Amount proceeds will be used. For transparency, we also like to share a breakdown of the Arrived fees. And if you’re interested in more information, we also link to other resource documents that go into more depth around each offering.

 

Real estate values and returns hinge significantly on location. Typically, more affordable markets yield higher cash flow (potential dividends), while pricier markets offer greater appreciation. At Arrived, we empower investors with choices, allowing them to allocate investments across appreciation-focused markets, cash flow-driven markets, or balanced markets.

Local city and market economies play a pivotal role in determining investment returns. Some markets experience substantial appreciation in home values, others offer robust cash flow (dividends), and some strike a balance between the two.

 

Getting a home ready for the rental market is a comprehensive process that starts upon property acquisition. Our seasoned investment team collaborates with local property managers to ensure readiness. This involves setting the optimal market rent, capturing high-quality photos and videos, and advertising through diverse online and offline channels. Rigorous tenant screening is conducted, including a thorough vetting of applications, culminating in the finalization of lease terms. Further details on the current rental status, anticipated timeline, and expected rental income are outlined below.

 


Name Donate Amount Date
Anonymous $3,500.00 December 03, 2023
Anonymous $3,500.00 December 03, 2023