1264 Meriwether Rd

Montgomery, AL 36117
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3 bd, 3.5 ba | 2,361 sqft | Built in 1975

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List Price
$225,000

Initial Investment

$56,993

Purchase Price

$199,000

Down Payment

25%

Rent

$1,550

Total Return

$45,504

Annualized Return

12.9%

Cap Rate

6.4%

Gross Yield

9.3%

Cash Flow

$1,192

Appreciation

3.8%
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Features

Occupancy

Vacant

Lot Size

29,512

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$17,670

Expenses

-$4,169

Property Taxes

-$1,490

Loan Payments

-$10,819

Net Cash Flow

$1,192

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