409 Nelson Dr Jacksonville, NC 28540
3bd, 1ba | 950sqft | Built in 1953
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Initial Investment
$72,780
List Price: $71,300
Purchase Price
$71,300
Down Payment
100%
Rent
$775

Total Return
$35,216
Annualized Return
9.3%
Cap Rate
7.9%
Gross Yield
13.0%
Cash Flow
$5,092
Appreciation
3.3%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
02/01/2019 
Lease End
01/31/2020 
Lot Size
20,038 
HOA
None
Flood Risk
Not Required
  • Exceeds 1% rule
  • <$500 in immediate repairs
  • Tenant in place and leased through 1/31/2020

Annual Financial Highlight
Expected Rent
$8,835
Expenses
-$2,895
Property Taxes
-$848
Loan Payments
$0

Net Cash Flow
$5,092
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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