2611 Horner Dr Fayetteville, NC 28306
3bd, 1ba | 1,032sqft | Built in 1959
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Initial Investment
$69,440
List Price: $67,500
Purchase Price
$67,500
Down Payment
100%
Rent
$700

Total Return
$30,037
Annualized Return
8.5%
Cap Rate
8.1%
Gross Yield
12.4%
Cash Flow
$5,004
Appreciation
2.3%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
10/24/2018 
Lease End
10/31/2019 
Lot Size
11,326 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • Minimal immediate repairs needed
  • Newer water heater

Annual Financial Highlight
Expected Rent
$7,980
Expenses
-$2,276
Property Taxes
-$700
Loan Payments
$0

Net Cash Flow
$5,004
Considerations
Property Characteristics    View Details

Roofstock Guarantee
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  • 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.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.