Duplex with 9% COC Return - 2 years old
We have a two year old duplex located near downtown Cherryville North Carolina, only 48 minutes from Charlotte. Fully occupied. The builder is giving 2 years of free property management. And they are offering a 5.99%, 30-year fixed loan. Cash on cash return is very high, over 9%. Here's your chance to own a new property with high cash flow.
-$439,000
-3 bedroom/2.5 bathroom each unit
-Gross rents are $3,300/month (both units are currently occupied)
-1-car garage for each unit
-No HOA
-Estimated cash flow of $900/month with 25% down
Offering
Charlotte, North Carolina