4408 Wavetree Dr

Fayetteville, NC 28306
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3 bd, 2 ba | 1,515 sqft | Built in 2006

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Curb View
List Price
$145,000

Initial Investment

$40,051

Purchase Price

$145,000

Down Payment

25%

Rent

$1,240

Total Return

$40,466

Annualized Return

15.7%

Cap Rate

6.7%

Gross Yield

10.3%

Cash Flow

$1,116

Appreciation

4.4%
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Features

Occupancy

Occupied

Lease Start

02/09/2021

Lease End

02/28/2022

Lot Size

12,197

HOA

None

Flood Risk

Not Required

  • Pet fee included in monthly rent of $20
  • Attractive 3 bed 2 bath with attached 2-car garage
  • Leased to February 2022
  • Fenced backyard faces open space

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$14,136

Expenses

-$3,537

Property Taxes

-$1,600

Loan Payments

-$7,883

Net Cash Flow

$1,116

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