800 Caledon Dr

Mc Leansville, NC 27301
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4 bd, 2.5 ba | 2,464 sqft | Built in 2004

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List Price
$140,000

Initial Investment

$38,209

Purchase Price

$139,300

Down Payment

25%

Rent

$1,250

Total Return

$62,665

Annualized Return

22.0%

Cap Rate

6.4%

Gross Yield

10.8%

Cash Flow

$591

Appreciation

7.5%
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Features

Occupancy

Occupied

Lease Start

11/14/2017

Lease End

11/30/2018

Lot Size

9,148

HOA

$35/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$4,286

Property Taxes

-$1,800

Loan Payments

-$7,573

Net Cash Flow

$591

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