1667 Banbridge Rd

Kernersville, NC 27284
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3 bd, 2 ba | 1,205 sqft | Built in 1974

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List Price
$114,000

Initial Investment

$30,520

Purchase Price

$112,000

Down Payment

25%

Rent

$1,000

Total Return

$57,937

Annualized Return

24.8%

Cap Rate

6.9%

Gross Yield

10.7%

Cash Flow

$1,096

Appreciation

8.0%
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Features

Occupancy

Occupied

Lease Start

05/24/2016

Lease End

05/23/2018

Lot Size

23,087

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$2,880

Property Taxes

-$1,335

Loan Payments

-$6,089

Net Cash Flow

$1,096

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