2545 Eight Oaks Dr High Point, NC 27263
3bd, 2ba | 1,182sqft | Built in 2000
Expand
Initial Investment
$111,549
List Price: $109,900
Purchase Price
$109,900
Down Payment
100%
Rent
$945

Total Return
$41,195
Annualized Return
7.2%
Cap Rate
6.6%
Gross Yield
10.3%
Cash Flow
$6,723
Appreciation
2.0%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/25/2014 
Lease End
11/24/2019 
Lot Size
11,326 
HOA
None
Flood Risk
Not Required
  • Tenant in place and leased through 11/24/2019
  • Single story home
  • Newer build (2000)

Annual Financial Highlight
Expected Rent
$10,773
Expenses
-$2,665
Property Taxes
-$1,385
Loan Payments
$0

Net Cash Flow
$6,723
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

BESbswy