6528 Rockwell Blvd W Charlotte, NC 28269
3bd, 2ba | 1,080sqft | Built in 2004
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Initial Investment
$146,748
Tentative Price: $144,500
Purchase Price
$144,500
Down Payment
100%
Rent
$1,004

Total Return
$52,459
Annualized Return
6.9%
Cap Rate
5.4%
Gross Yield
8.3%
Cash Flow
$7,397
Appreciation
2.8%
Financing Options
to learn more or visit our partner to get pre-approved.
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Property Management Options
  • (888) 372-7528 Ext 135
    leads@parkaveproperties.com
    19750 W Catawba Ave
    Cornelius, NC 28031
    Park Avenue Properties       
    • Current
    Property Management Fee:
    8% of monthly rent collected
    Leasing Fee:
    50% of first month's rent
    Renewal Leasing Fee:
    15% of first month's rent
    Maintenance Fee:
    $0 maintenance reserve and $55 per labor hour
    Property Setup Fee:
    $100 per Property
    Marketing Fee:
    None
    Project Management Fee:
    None
    Park Avenue Properties is a residential property management and investment firm. We manage approximately 3,000 residential properties throughout 10 major metropolitan areas and 6 states. We offer full service, turn-key property management services. From our Customer Care Team to our Welcome Home Team you will find that we are results oriented and we truly care about the entire management life-cycle experience.
  • 704-332-7734
    jfaircloth@brownandglenn.com
    1012 East Blvd.
    Charlotte, NC 28203
    Brown & Glenn Realty Co., Inc.
    Property Management Fee:
    8% of Monthly Rent Collected
    Leasing Fee:
    50% of First Month’s Rent
    Renewal Leasing Fee:
    $100
    Maintenance Fee:
    10% of job cost
    Property Setup Fee:
    None
    Marketing Fee:
    None
    Project Management Fee:
    10-20% of Total Project Cost, dep on scope
    We take marketing very seriously! Our Appfolio syndicates to all major internet portals, we advertise units on the MLS in major markets, and we constantly review our listings for improvements, clarity and accuracy. We have a strong social media presence and a well-trafficked website. Our property signage is clear and visible, and well known in our markets. We also use Rently electronic lockboxes on vacant units to allow for 24 hour and day, 7 days a week showings.
  • Tips for Self Managing Properties
    You’ve invested in a Rental Property, and are thinking about managing the property yourself? Here are the items you need to be aware of: Renting, Operating, Risk Management
    Self manage / Other
    Renting
    • Get property ready
    • Advertise
    • Show the property
    • Applicant screening
    • Move in tenants

    Operating
    • Collect rent
    • Repair requests
    • Home inspections
    • Move out process

    Risk Management
    • Fair housing
    • Insurance liability
    • Property damage
    • Habitability issues
    • Legal costs
Property Characteristics
  • Roofstock Guarantee
    What is it?
    Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
    Benefits
    • All properties come with our 30-day money back guarantee
    • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
    • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.
Investment Terms
The listed purchase price has not yet been established by the seller. A tentative price may be shown and is subject to change.

A Marketplace Fee of 0.5% of the Contract Price or $500 whichever is higher must be paid to secure your investment property, remove it from the marketplace and initiate the purchase process. This fee is non-refundable.

Purchase and Sale Agreement (PSA): A PSA will be delivered electronically promptly following payment of the Marketplace Fee and must be executed by Buyer within 24 hours of receipt.

Earnest Money Deposit (EMD) of $1,500 must be wired to the Title Company within 3 days of PSA signing.

Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.

Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 30 days of PSA execution for financing unless otherwise agreed by Buyer and Seller

Lease Agreement: The current lease agreement will be provided to Buyer at Closing.

Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Roofstock to lower transaction costs for Buyers and Sellers. An estimate of closing costs is provided in the Diligence Vault and actual closing costs will be outlined on the final settlement statement.

Title and Settlement Provider: Roofstock's standard closing process includes preferred partners who act as the title and escrow agent for this property. Our preferred partners have agreed to provide discounted escrow and settlement services to purchasers of properties via the Roofstock marketplace to lower your investment costs. If you would like to use a different provider for these services, please contact us.

Listing Broker: Roofstock Realty, LLC

Learn more about the investment process