709 Bullock St-Fayetteville-28301, Cumberland

709 Bullock St

Fayetteville, NC 28301

4 bd, 4 ba | 832 sqft | Built in 1948

List Price

$300,000

Initial Investment

$76,300

Purchase Price

$280,000

Down Payment

25%

Rent

$2,820

Total Return

$108,839

Annualized Return

21.6%

Cap Rate

8.0%

Gross Yield

12.1%

Cash Flow

$5,937

Appreciation

5.0%

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Features

Occupancy

Occupied

Lease Start

03/10/2022

Lease End

06/01/2022

Property Type

Fourplex

Lot Size

14,810

HOA

None

Flood Risk

Not Required

All units are occupied

This property has two duplexes on the same parcel making a quadruplex

MARKETS

NEIGHBORHOOD

SCHOOLS

See more in Analysis

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Annual Financial Highlights

Expected Rent

$32,148

Expenses

-$7,989

Property Taxes

-$3,000

Loan Payments

-$15,222

Net Cash Flow

$5,937

See more in Financials

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