224 Valleyview Pl Salisbury, NC 28144
3bd, 2ba | 1,740sqft | Built in 1951
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Initial Investment
$133,980
List Price: $132,000
Purchase Price
$132,000
Down Payment
100%
Rent
$1,119

Total Return
$54,591
Annualized Return
7.9%
Cap Rate
6.5%
Gross Yield
10.2%
Cash Flow
$7,998
Appreciation
2.8%
Valuation
Property Value
$129,000 - $146,000
Rental Value
$850 - $1,050
Diligence Documents
Property Valuation
NA
Inspection Report
NA
Title Report
NA
Ledger
NA
Prelim Insurance
NA
Lease Abstract
NA
Inspection Highlights

This property does not have inspection highlights. Please see diligence documents for any past inspection reports.

Roof
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Attic
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Bathrooms
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Basement/Crawl
--
HVAC
--
Bedrooms
--
Electrical
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Exterior
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Garage
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Plumbing
--
Landscaping
--
Structural
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Kitchen
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Lease and Tenant
Lease Summary
Occupancy
Occupied
Rent Payment Status
Current
Security Deposit
$1,990
Original Lease Start Date
04/14/2016
Lease End Date
04/13/2020
Lease Concessions
No

Tenant Profile
Tenant Purchase Option
Not Applicable
Section 8
Not Applicable

Expense Split
Owner is responsible for
None
Tenant is responsible for
Gas, Water, Electric, Garbage, Lawn, Pest Ctrl
Location
North Carolina
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