425 Maupin Ave Salisbury, NC 28144
5bd, 2.5ba | 3,201sqft | Built in 1996
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Initial Investment
$183,425
List Price: $180,000
Purchase Price
$180,000
Down Payment
100%
Rent
$1,425

Total Return
$68,656
Annualized Return
7.2%
Cap Rate
5.9%
Gross Yield
9.5%
Cash Flow
$9,952
Appreciation
2.8%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
03/30/2017 
Lease End
03/31/2020 
Lot Size
10,350 
HOA
None
Flood Risk
Not Required
  • Built in 1996
  • <$750 in immediate repairs

Buy It Now: Offers at list price include an American Home Shield home warranty.



Annual Financial Highlight
Expected Rent
$16,245
Expenses
-$3,993
Property Taxes
-$2,300
Loan Payments
$0

Net Cash Flow
$9,952
Considerations
Property Characteristics    View Details



Inspection Contingency
This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • This property will be professionally inspected before closing.
  • You’ll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

Property Management   

Why choose?

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

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