124 Falling Creek Dr

Thomasville, NC 27360
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3 bd, 2 ba | 1,176 sqft | Built in 1997

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List Price
$104,000

Initial Investment

$27,795

Purchase Price

$102,000

Down Payment

25%

Rent

$940

Total Return

$69,640

Annualized Return

30.0%

Cap Rate

7.2%

Gross Yield

11.1%

Cash Flow

$1,231

Appreciation

10.3%
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Features

Occupancy

Occupied

Lease Start

06/29/2015

Lease End

06/28/2017

Lot Size

11,249

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,716

Expenses

-$2,753

Property Taxes

-$1,186

Loan Payments

-$5,545

Net Cash Flow

$1,231

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