274 Colonist Pl
Cameron, NC 28326
List Price
$315,000
Initial Investment
$86,593Purchase Price
$315,000
Down Payment
25%
Rent
$1,550
Total Return
$32,508
Annualized Return
5.7%
Cap Rate
3.0%
Gross Yield
5.9%
Cash Flow
-$8,045
Appreciation
4.4%
Reset to DefaultEdit Assumptions
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
07/14/2018
Lease End
07/31/2023
Lot Size
10,472
HOA
$72/mo
Flood Risk
Not Required
- Seller recently made repairs on home, view inspection documents for more info
- Location: Beautiful neighborhood in close proximity to Fort Bragg military base
- Improvements/Condition: Property is in great condition, no damage, new hot water heater (December 2021), AC unit replaced 2019, soft water system, unfinished permitted 3rd floor with electricity ran and pipes for bathroom. The following item on the inspection report has been repaired, and cleared by our Roofstock certification team (construction history folder):
(1) Roofing: Shingle missing, and patched areas could allow for water intrusion. Recommend evaluation and repairs - invoice and photo proof provided - REPAIRED AND CLEARED
- Get more insight into this market here
See more in Analysis
Annual Financial Highlights
Expected Rent
$17,670Expenses
-$5,090Property Taxes
-$3,500Loan Payments
-$17,125Net Cash Flow
-$8,045See more in Financials
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