526 Locust Street, Kannapolis, NC 28081

New Carpet and Paint!! Move in ready! Great for first time home buyers or investors! Walking distance to Research Campus. Wonderful open floorplan with vaulted living room ceiling. Nice large closets, plenty of storage space with a walk in elevated crawl space. NO HOA FEES. Investors: Home was rented for $850. ESTIMATED Cap Rate 9.4% after all expense including vacancy rate & vacancy reserve. ESTIMATED Debt Service Ratio of 1.384. Figures based on 20% down & no property management fees. Contact me for more information.

See the full tour at http://www.floorplanonline.com/152177

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526 Locust Street, Kannapolis, NC 28081

loradel