316 Starling St # 318

Jacksonville, NC 28540
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4 bd, 2 ba | 1,716 sqft | Built in 1953

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List Price
$117,000

Initial Investment

$30,605

Purchase Price

$110,000

Down Payment

25%

Rent

$1,275

Total Return

$49,712

Annualized Return

23.2%

Cap Rate

8.0%

Gross Yield

13.9%

Cash Flow

$2,045

Appreciation

6.4%
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Features

Occupancy

Occupied

Lease Start

06/01/2016

Lease End

05/31/2019

Property Type

Duplex

Lot Size

15,682

HOA

None

Flood Risk

Not Required

  • All units are currently occupied

See more in Analysis

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Annual Financial Highlights

Expected Rent

$14,535

Expenses

-$5,010

Property Taxes

-$1,500

Loan Payments

-$5,980

Net Cash Flow

$2,045

See more in Financials

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