506 Carolina Blvd
Salisbury, NC 28146
List Price
$82,000
Initial Investment
$22,492Purchase Price
$80,392
Down Payment
25%
Rent
$800
Total Return
$50,133
Annualized Return
28.2%
Cap Rate
7.7%
Gross Yield
11.9%
Cash Flow
$1,244
Appreciation
9.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/08/2019
Lease End
02/29/2020
Lot Size
30,000
HOA
None
Flood Risk
Not Required
- Tenant in place and leased through 2/29/2020
- Single story home
- <$600 in immediate repairs
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,120Expenses
-$2,546Property Taxes
-$959Loan Payments
-$4,371Net Cash Flow
$1,244See more in Financials
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