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1316 South 7th Street
Wilmington, NC 28401
Asking Price
$55K
Asset Type
Residential Land
Class
Class B
What's Special
<p><span style="color: rgba(0, 0, 0, 1)">Residentially zoned parcel(R-5) consisting of approximately .141 acres(6,142 SF) located in the south end. Property borders commercially zoned property and near newly developing area.</span></p>
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NOI
$80,000
Cap Rate
145.45%
DSCR
24.50
Strong
Cash-on-Cash
465.06%
Monthly Payment
$272.11
Annual Cash Flow
$76,734.68
