6627 Marquette Street

Fayetteville, NC 28311
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3 bd, 1.5 ba | 1,222 sqft | Built in 1975

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List Price
$114,900

Initial Investment

$30,466

Purchase Price

$111,800

Down Payment

25%

Rent

$750

Total Return

$25,754

Annualized Return

12.5%

Cap Rate

4.9%

Gross Yield

8.1%

Cash Flow

-$1,033

Appreciation

5.0%
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Features

Occupancy

Month To Month

Lease Start

04/01/2019

Lease End

M/M

Lot Size

20,473

HOA

None

Flood Risk

Not Required

  • 4-star neighborhood
  • Leased on a month-to-month basis
  • Currently below market rent
  • 30 year roof installed 5 years ago
  • HVAC installed 10 years ago
  • New granite counter top installed 2 years ago
  • Large fenced backyard
  • All laminate floors except for 2 small carpeted bedrooms

See more in Analysis

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,205

Property Taxes

-$1,300

Loan Payments

-$6,078

Net Cash Flow

-$1,033

See more in Financials

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