733 Goodyear Dr
Spring Lake, NC 28390
List Price
$98,000
Initial Investment
$29,734Purchase Price
$93,500
Down Payment
25%
Rent
$950
Total Return
$18,316
Annualized Return
10.7%
Cap Rate
7.1%
Gross Yield
12.2%
Cash Flow
$1,010
Appreciation
3.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
04/27/2020
Lease End
04/30/2021
Lot Size
12,197
HOA
None
Flood Risk
Not Required
- Attractive cap rate
- Leased through 04/30/2021
- Located in a quiet, wooded area
- Seller recently made repairs on home, view inspection documents for more info
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,830Expenses
-$3,037Property Taxes
-$1,700Loan Payments
-$5,083Net Cash Flow
$1,010See more in Financials
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