1305 W Main St
Carrboro, NC 27510
List Price
$288,000
Initial Investment
$76,405Purchase Price
$277,500
Down Payment
25%
Rent
$2,500
Total Return
$107,577
Annualized Return
19.0%
Cap Rate
5.5%
Gross Yield
10.8%
Cash Flow
-$1,032
Appreciation
7.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
08/01/2020
Lease End
07/31/2021
Lot Size
14,810
HOA
None
Flood Risk
High Risk - Zone AE
- Tenant will be moving in August 1st
- Minimal estimated immediate repairs
- Tree-lined street near shopping and dining
- Close to University of North Carolina at Chapel Hill (4 mi)
See more in Analysis
Annual Financial Highlights
Expected Rent
$28,500Expenses
-$9,646Property Taxes
-$4,800Loan Payments
-$15,086Net Cash Flow
-$1,032See more in Financials
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