502 Oak Ln Jacksonville, NC 28540
3bd, 2ba | 1,050sqft | Built in 1954
Expand
Initial Investment
$119,263
List Price: $117,500
Purchase Price
$117,500
Down Payment
100%
Rent
$925

Total Return
$46,286
Annualized Return
7.4%
Cap Rate
5.6%
Gross Yield
9.4%
Cash Flow
$6,049
Appreciation
3.3%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/21/2018 
Lease End
11/30/2019 
Lot Size
10,019 
HOA
None
Flood Risk
Not Required
  • Tenant in place and leased through 11/30/2019
  • No repairs needed
  • 3 star neighborhood

Annual Financial Highlight
Expected Rent
$10,545
Expenses
-$3,074
Property Taxes
-$1,422
Loan Payments
$0

Net Cash Flow
$6,049
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.

BESbswy