1240 E Audubon Rd

Montgomery, AL 36111
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3 bd, 1 ba | 1,092 sqft | Built in 1953

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List Price
$48,500

Initial Investment

$50,106

Purchase Price

$48,000

Down Payment

100%

Rent

$750

Total Return

$33,090

Annualized Return

12.6%

Cap Rate

11.8%

Gross Yield

18.8%

Cash Flow

$5,140

Appreciation

3.8%
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Features

Occupancy

Occupied

Lease Start

12/01/2019

Lease End

11/30/2020

Lot Size

12,746

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$3,010

Property Taxes

-$400

Loan Payments

$0

Net Cash Flow

$5,140

See more in Financials

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