5918 Running Deer Rd

Charlotte, NC 28214
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4 bd, 2 ba | 1,218 sqft | Built in 1992

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List Price
$175,000

Initial Investment

$50,895

Purchase Price

$165,000

Down Payment

25%

Rent

$1,245

Total Return

$94,860

Annualized Return

23.6%

Cap Rate

5.8%

Gross Yield

9.1%

Cash Flow

$23

Appreciation

10.1%
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Features

Occupancy

Unspecified

Lease Start

04/26/2019

Lease End

04/30/2020

Lot Size

8,276

HOA

None

Flood Risk

Not Required

  • Historical 1-year appreciation of 7.4%
  • Seller recently made repairs on home, view inspection documents for more info
  • Seller willing to offer a home warranty (up to $600)

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Annual Financial Highlights

Expected Rent

$14,193

Expenses

-$3,300

Property Taxes

-$1,900

Loan Payments

-$8,970

Net Cash Flow

$23

See more in Financials

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