1824 Remick Ct

Charlotte, NC 28214
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3 bd, 2.5 ba | 1,728 sqft | Built in 2006

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List Price
$154,000

Initial Investment

$35,425

Purchase Price

$130,000

Down Payment

25%

Rent

$1,200

Total Return

$87,045

Annualized Return

29.5%

Cap Rate

7.0%

Gross Yield

11.1%

Cash Flow

$1,456

Appreciation

10.1%
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Features

Occupancy

Occupied

Lease Start

07/09/2016

Lease End

07/31/2017

Lot Size

12,197

HOA

$0/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,419

Property Taxes

-$1,738

Loan Payments

-$7,067

Net Cash Flow

$1,456

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