%
CapRateCity
Free cap rate calculators for every US market
← All markets

Cap Rate Analysis: Jacksonville, FL

Investment metrics, interactive calculators, and data-driven analysis for Jacksonville rental properties.

Challenging for pure cash flow
Based on $310,000 median price and $1,480/mo median rent
Est. Cap Rate
3.76%
1% Rule
0.48%
Fails
GRM
17.5x
Price / Income
5.3x

Market Data

Median Home Price$310,000
Median Monthly Rent$1,480
Property Tax Rate0.86%
Population985,843
Population Growth1.7% / yr
Median Household Income$58,200
Vacancy Rate5.4%
Annual Appreciation3.6%

Cap Rate Calculator — Jacksonville

Pre-filled with Jacksonville medians. Adjust to match a specific property.

Property Details
$
$
3–8% typical
%
Monthly Expenses
0.86% rate
$
$
8–10% of rent
$
8–12% of rent
$
Cap Rate
3.13%Low
Net Operating Income ÷ Purchase Price
NOI / Year
$9,709
net operating income
Gross Rent Multiplier
17.5x
High (>15)
1% Rule
0.48%
✗ Fails
Monthly Cash Flow
$809
before debt service
Annual Breakdown
Gross Rental Income$17,760
Less Vacancy−$959
Effective Income$16,801
Less Operating Expenses−$7,092
Net Operating Income$9,709

Cash-on-Cash Return — Jacksonville

Factor in financing to see your actual return on invested capital in Jacksonville.

$
$77,500
%
%
years
$
taxes + ins + maint + mgmt
$
$
Cash-on-Cash Return
-9.09%Weak
Annual Cash Flow ÷ Total Cash Invested
Total Cash Invested
$86,800
$77,500 down + $9,300 closing
Monthly Mortgage
$1,516
on $233K loan
Monthly Cash Flow
$-658
after all expenses
Annual Cash Flow
$-7,893
before taxes
Cash Flow Breakdown
Monthly Rent$1,480
Less Expenses−$622
Less Mortgage−$1,516
Monthly Cash Flow$-658

Is Jacksonville a Good Place to Invest in Rental Property?

Jacksonville, FL has a population of 985,843 and has been growing at 1.7% annually — above the national average, suggesting steady demand pressure on housing. The median home price of $310,000 paired with median rents of $1,480/mo produces an estimated cap rate of 3.76%.

Property taxes at 0.86% fall within the national average range and shouldn't present unusual challenges. The vacancy rate of 5.4% is moderate and within normal parameters for a healthy rental market.

At a price-to-income ratio of 5.3x, homes cost about 5.3 times the local median income of $58,200. This moderate ratio indicates a balanced rent-vs-buy market. Home values have appreciated at roughly 3.6% annually. Above-average appreciation adds an equity component to total returns, though deals should still pencil on cash flow alone.

Bottom line: At current median prices, Jacksonville is challenging for pure cash flow investing. Consider BRRRR strategies with below-market purchases, or look at neighboring metros with stronger price-to-rent ratios.

Run a BRRRR analysis for Jacksonville
Model a buy-rehab-refinance deal with Jacksonville data pre-loaded.
Open BRRRR Calculator →