502 Oak Ln Jacksonville, NC 28540
3bd, 2ba | 1,050sqft | Built in 1954
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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%
Valuation
Property Value
$104,900 - $125,000
Rental Value
$900 - $1,050
Diligence Documents
Property Valuation
NA
Inspection Report
NA
Title Report
NA
Ledger
NA
Prelim Insurance
NA
Lease Abstract
NA
Inspection Highlights
Roof
Functional
Attic
Functional
Bathrooms
Functional
Basement/Crawl
NA
HVAC
Functional
Bedrooms
Functional
Electrical
Functional
Exterior
Functional
Garage
NA
Plumbing
Functional
Landscaping
Functional
Structural
Functional
Kitchen
Functional
Lease and Tenant
Lease Summary
Occupancy
Occupied
Rent Payment Status
Current
Security Deposit
$1,400
Original Lease Start Date
11/21/2018
Lease End Date
11/30/2019
Lease Concessions
No

Tenant Profile
Tenant Purchase Option
Not Applicable
Section 8
Not Applicable
Pet Fee Amount
$300
Pet Deposits
Not Applicable

Expense Split
Owner is responsible for
Refrigerator, Stove, Microwave
Tenant is responsible for
Gas, Water, Electric, Garbage, Lawn, Pest Ctrl
Location
North Carolina
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