5622 Bringle Ct

Raleigh, NC 27610
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3 bd, 1.5 ba | 1,166 sqft | Built in 1986

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List Price
$120,000

Initial Investment

$29,512

Purchase Price

$106,000

Down Payment

25%

Rent

$950

Total Return

$64,337

Annualized Return

26.3%

Cap Rate

6.0%

Gross Yield

10.8%

Cash Flow

$105

Appreciation

10.1%
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Features

Occupancy

Occupied

Lease Start

05/01/2019

Lease End

04/30/2021

Lot Size

1,307

HOA

$89/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$3,862

Property Taxes

-$1,100

Loan Payments

-$5,763

Net Cash Flow

$105

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