818 N Jackson St

Salisbury, NC 28144
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2 bd, 1 ba | 1,292 sqft | Built in 1920

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List Price
$68,000

Initial Investment

$19,111

Purchase Price

$67,050

Down Payment

25%

Rent

$715

Total Return

$37,930

Annualized Return

26.0%

Cap Rate

7.6%

Gross Yield

12.8%

Cash Flow

$985

Appreciation

8.6%
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Features

Occupancy

Occupied

Lease Start

01/24/2018

Lease End

01/31/2020

Lot Size

9,550

HOA

None

Flood Risk

Not Required

  • Tenant in place and leased through 1/31/2020
  • Exceeds 1% rule

Buy It Now: Offers at list price include an American Home Shield home warranty.



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Annual Financial Highlights

Expected Rent

$8,151

Expenses

-$2,477

Property Taxes

-$1,043

Loan Payments

-$3,645

Net Cash Flow

$985

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