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Updated almost 10 years ago on .

User Stats

9
Posts
2
Votes
Mitzie Mathis
  • Investor
  • Charlotte, NC
2
Votes |
9
Posts

$249,999 - 11 SFR and 1 Duplex Valued At $404,300

Mitzie Mathis
  • Investor
  • Charlotte, NC
Posted

50 minutes from Charlotte, 30 minutes from Rock Hill, 45 minutes from Columbia. Near Great Falls Lake and Rocky Creek Lake. Home values will increase soon due to Giti Tire building their headquarters in nearby Richburg, creating 1700 jobs.

Current Rent: 4625 with 2 vacancies

Cap Rate: 14%

Estimated Rent with 2 vacancies filled: 5425

Projected Cap Rate: 17%

Property Type Story Occupancy Purchasing Status
11 Single Family Houses
and 1 Duplex
12 1 Story,
1 2 Story
11 Rented,
2 vacant
Available
Monthly Financials
Taxes
$459
Insurance
$200
Property Management
and Maintenance
$700




Vacancy Cap Rate Projected Cap Rate
10% 14% 17%

Go to 12 House Deal or call 704-870-7339

Offering