104 Veach Ct

Thomasville, NC 27360
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3 bd, 2 ba | 1,092 sqft | Built in 1991

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List Price
$105,000

Initial Investment

$26,705

Purchase Price

$98,000

Down Payment

25%

Rent

$937

Total Return

$68,407

Annualized Return

30.7%

Cap Rate

7.5%

Gross Yield

11.5%

Cash Flow

$1,465

Appreciation

10.3%
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Features

Occupancy

Occupied

Lease Start

04/19/2014

Lease End

04/18/2018

Lot Size

10,037

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,682

Expenses

-$2,781

Property Taxes

-$1,108

Loan Payments

-$5,328

Net Cash Flow

$1,465

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