2506 Tampa St
Greensboro, NC 27406
List Price
$144,500
Initial Investment
$37,617Purchase Price
$137,500
Down Payment
25%
Rent
$1,350
Total Return
$92,991
Annualized Return
30.2%
Cap Rate
7.6%
Gross Yield
11.8%
Cash Flow
$2,233
Appreciation
9.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
06/01/2020
Lease End
05/31/2021
Lot Size
13,500
HOA
None
Flood Risk
Not Required
- Attractive cap rate
- Less than $150 in immediate repairs, please review inspection report in diligence vault
- Home has been fully rehabbed
- 2 storage buildings with shelving; 12' x 16' and 10' x 8'
- Fenced back yard with drive-in gates at end of driveway
- 4 bedroom home providing premium rental rate for the area
- October rent has been paid. See ledger in diligence vault
See more in Analysis
Annual Financial Highlights
Expected Rent
$15,390Expenses
-$3,982Property Taxes
-$1,700Loan Payments
-$7,475Net Cash Flow
$2,233See more in Financials
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