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12.5 percent Cap Rate --no brainer investment property to add to your portfolio or to get started with. 2024 Clayton Smart energy certified home with smart thermostat, Rheem Hybrid water heater. Quick ride to Oak Island beach. Established long term tenant in place 1600 per month for top rental income--can probably renew for the long term. Home is essentially new construction so no maintenance fees for years--ideal home to invest in whether long term or for a primary residence in 2027 before prices rise more with lower interest rates....
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