3001 Farmington Dr

Greensboro, NC 27407
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3 bd, 2 ba | 1,269 sqft | Built in 1960

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List Price
$120,000

Initial Investment

$31,338

Purchase Price

$115,000

Down Payment

25%

Rent

$1,200

Total Return

$70,952

Annualized Return

28.8%

Cap Rate

7.9%

Gross Yield

12.5%

Cash Flow

$2,110

Appreciation

8.8%
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Features

Occupancy

Occupied

Lease Start

02/02/2019

Lease End

02/29/2020

Lot Size

11,326

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,618

Property Taxes

-$1,700

Loan Payments

-$6,252

Net Cash Flow

$2,110

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