8115 Bald Ridge Dr

Charlotte, NC 28227
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4 bd, 2 ba | 1,788 sqft | Built in 1980

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List Price
$165,000

Initial Investment

$45,406

Purchase Price

$162,500

Down Payment

25%

Rent

$1,350

Total Return

$107,039

Annualized Return

28.3%

Cap Rate

6.6%

Gross Yield

10.0%

Cash Flow

$1,209

Appreciation

10.4%
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Features

Occupancy

Occupied

Lease Start

07/10/2017

Lease End

07/15/2018

Lot Size

9,583

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$15,390

Expenses

-$3,615

Property Taxes

-$1,731

Loan Payments

-$8,834

Net Cash Flow

$1,209

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