FAYETTEVILLE, NC 28314

Overview

Prime Rental Opportunity for your rental portfolio! Located in Glen Reilly Subdivision, features 3 bedrooms, 2 full baths, storage shed, deck, garage, spacious front yard, close to shopping, and 5 min from Reilly Rd gate. Perfectly situated just minutes from Fort Bragg. Great cash on cash return of 10.3%! 

Investment Breakdown

RENTAL:

Purchase $139,000 + $30,000 = $169,000

$1,725/mo Market Rent-$184/mo Tax-$85/mo Insurance

$1,456 Monthly Cash Flow x 12 = $17,472 Yr Cash Flow

$169,000 Investment = 10.3% Cash on Cash Return

FLIP:

ARV: $220,000

Purchase Price: $139,000

Rehab: $50,000

All in: $189,000

Gross Profit $31,000

Property Address: 6694 Winchester St Fayetteville NC 28314

**Asking Price:** $139,000

**PHOTOS**

Property Details

Type: Single Family Home

Specs: 3 bed / 2 bath

Size: 1,107 sqft on 0.12 acres

Year Built: 1992

Occupancy:

Vacant on Lockbox & Vacant @ Close

AS-IS PURCHASE

PREFERRED LENDER

Big Ticket Items

ROOF— OG

HVAC — 2010

HWH — 2014

UTILITIES — CITY WATER AND SEWER

FOUNDATION — SLAB

Comparable Sales Breakdown

SFH Rental• 1354 Worstead Dr. Fayetteville, NC 28314–  Rental @ $1,750– Listing: HERE

SFH Rental• 6859 Winchester St., Fayetteville, NC 28314–  Rental @ $1,600– Listing: HERE

SFH Sale• 746 Glen Reilly Dr., Fayetteville, NC 28314–  Sold @: $229,000– Listing: HERE

SFH Flip• 6770 Winchester St., Fayetteville, NC 28314–  Sold @ $230,000– Listing: HERE

Next Steps

• Contact Grant Marshall 980-291-9774 if you need more information
• Schedule a property walkthrough
• Make an offer directly on this page