312 Starling St

Jacksonville, NC 28540
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4 bd, 2 ba | 1,701 sqft | Built in 1953

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List Price
$113,999

Initial Investment

$29,100

Purchase Price

$97,000

Down Payment

25%

Rent

$1,190

Total Return

$42,810

Annualized Return

21.8%

Cap Rate

8.2%

Gross Yield

14.7%

Cash Flow

$2,008

Appreciation

6.4%
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Features

Occupancy

Unspecified

Lease Start

01/31/2019

Lease End

01/30/2020

Property Type

Duplex

Lot Size

14,810

HOA

None

Flood Risk

Not Required

  • Meets 1% rule
  • Attractive cap rate

See more in Analysis

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Annual Financial Highlights

Expected Rent

$13,566

Expenses

-$4,885

Property Taxes

-$1,400

Loan Payments

-$5,273

Net Cash Flow

$2,008

See more in Financials

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