405 Peppermint Dr

Hubert, NC 28539
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3 bd, 2 ba | 1,548 sqft | Built in 2012

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List Price
$179,900

Initial Investment

$46,325

Purchase Price

$170,000

Down Payment

25%

Rent

$1,200

Total Return

$46,075

Annualized Return

14.5%

Cap Rate

5.1%

Gross Yield

8.5%

Cash Flow

-$884

Appreciation

5.4%
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Features

Occupancy

Occupied

Lease Start

04/03/2020

Lease End

04/30/2021

Lot Size

27,443

HOA

$1/mo

Flood Risk

Not Required

  • Attractive 3 bed 2 bath with attached two-car garage
  • Tenant interested in renewing lease with sale of home
  • Located on a large lot
  • Low turn cost
  • Seller recently made repairs on home, view inspection documents for more info
  • 5 miles from Military base access

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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$4,022

Property Taxes

-$1,300

Loan Payments

-$9,242

Net Cash Flow

-$884

See more in Financials

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