608 Oak Forest Ln

Salisbury, NC 28146
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4 bd, 2.5 ba | 1,719 sqft | Built in 2018

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List Price
$209,900

Initial Investment

$56,108

Purchase Price

$205,900

Down Payment

25%

Rent

$1,600

Total Return

$115,773

Annualized Return

25.5%

Cap Rate

5.9%

Gross Yield

9.3%

Cash Flow

$525

Appreciation

9.3%
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Features

Occupancy

Vacant

Lot Size

11,761

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$18,240

Expenses

-$3,922

Property Taxes

-$2,600

Loan Payments

-$11,194

Net Cash Flow

$525

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