Wake County, Knightdale, NC 27545
5 bd4 ba3,635 sfBuilt 2022
Gross spread$1,000
Description
Most Investors See a 5-Bedroom Rental. Smart Investors See Three Ways to Win—With the Risk Ranked Up Front. The return is not hiding in one optimistic scenario. It is in the financing, the exit options, and knowing exactly which upside is cleared. This package ranks the whole-house fallback, compliance-first co-living case, and conditional fifth-room/garage concept so the buyer can underwrite the opportunity without pretending the risks do not exist. Acquire a large 2022-built home with an in-place tenant absorbing nearly all of the known fixed stack. The financing buys time; the buyer's job is to choose the highest lawful use after confirming current HOA rules, Town occupancy, parking, and setup costs. Investment Highlights: • Blended financing: existing 3.25% first mortgage, solar financing, and 0% seller carry create an estimated 2.78% nominal blended rate. • Carry protected by income: the current $3,300/month lease is only $106.37 below the known fixed monthly stack. • Flexible scale: 5 bedrooms, 4.5 baths, and 3,685 square feet create multiple rental strategies; lawful occupancy controls the final operating plan. • Room-rent thesis: current Knightdale signals begin around $858–$900/month; $1,000 remains a target assumption, not a guaranteed floor. • Optional garage upside: $0 is underwritten; conversion requires written HOA/ARC, parking, zoning, building-code, and occupancy clearance. Pics/Docs/Details Here: [contact details hidden] Text KNIGHTDALE to Kevin [contact details hidden]
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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