1240 E Audubon Rd Montgomery, AL 36111
3bd, 1ba | 1,092sqft | Built in 1953
investment property - 1240 E Audubon Rd, Montgomery, AL 36111, Montgomery - image 0
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investment property - 1240 E Audubon Rd, Montgomery, AL 36111, Montgomery - image 0
investment property - 1240 E Audubon Rd, Montgomery, AL 36111, Montgomery - image 1
investment property - 1240 E Audubon Rd, Montgomery, AL 36111, Montgomery - image 2
Initial Investment
$50,613
List Price: $48,500
Purchase Price
$48,500
Down Payment
100%
Rent
$750

Total Return
$27,164
Annualized Return
10.7%
Cap Rate
11.7%
Gross Yield
18.6%
Cash Flow
$5,157
Appreciation
1.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
12/01/2019 
Lease End
11/30/2020 
Lot Size
12,746 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$8,550
Expenses
-$2,993
Property Taxes
-$400
Loan Payments
$0

Net Cash Flow
$5,157
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

Property Management   

Why choose?

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

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