733 Goodyear Dr

Spring Lake, NC 28390
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4 bd, 2 ba | 1,464 sqft | Built in 1974

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List Price
$69,900

Initial Investment

$17,713

Purchase Price

$65,000

Down Payment

25%

Rent

$725

Total Return

$14,740

Annualized Return

13.6%

Cap Rate

7.0%

Gross Yield

13.4%

Cash Flow

$523

Appreciation

3.4%
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Features

Occupancy

Occupied

Lease Start

02/01/2018

Lease End

01/31/2019

Lot Size

12,197

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,608

Property Taxes

-$1,600

Loan Payments

-$3,534

Net Cash Flow

$523

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