1803 Water St

Greensboro, NC 27405
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3 bd, 2 ba | 1,157 sqft | Built in 1998

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List Price
$114,900

Initial Investment

$29,658

Purchase Price

$107,000

Down Payment

25%

Rent

$1,030

Total Return

$59,427

Annualized Return

25.9%

Cap Rate

7.2%

Gross Yield

11.6%

Cash Flow

$1,272

Appreciation

8.5%
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Features

Occupancy

Occupied

Lease Start

05/09/2018

Lease End

05/08/2019

Lot Size

6,970

HOA

None

Flood Risk

Not Required

  • Current lease runs through May 2019
  • Pet fee included in monthly rent of $35.
  • All Roofstock Purchases come with Money Back Guarantee

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Annual Financial Highlights

Expected Rent

$11,742

Expenses

-$3,053

Property Taxes

-$1,600

Loan Payments

-$5,817

Net Cash Flow

$1,272

See more in Financials

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