2224 W Aberdeen Dr

Montgomery, AL 36116
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4 bd, 2 ba | 1,994 sqft | Built in 1978

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List Price
$117,500

Initial Investment

$32,386

Purchase Price

$110,500

Down Payment

25%

Rent

$1,150

Total Return

$33,763

Annualized Return

17.2%

Cap Rate

8.2%

Gross Yield

12.5%

Cash Flow

$2,407

Appreciation

3.8%
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Features

Occupancy

Unspecified

Lease Start

04/01/2015

Lease End

05/01/2021

Lot Size

16,893

HOA

None

Flood Risk

Not Required

  • 20 minutes from downtown Montgomery
  • 15 minutes from University of Alabama
  • Structural Engineer inspection recommended

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Annual Financial Highlights

Expected Rent

$13,110

Expenses

-$3,696

Property Taxes

-$1,000

Loan Payments

-$6,007

Net Cash Flow

$2,407

See more in Financials

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