1812 Longmeadow Dr Montgomery, AL 36106
3bd, 2ba | 1,620sqft | Built in 1962
investment property - 1812 Longmeadow Dr, Montgomery, AL 36106, Montgomery - image 0
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investment property - 1812 Longmeadow Dr, Montgomery, AL 36106, Montgomery - image 0
investment property - 1812 Longmeadow Dr, Montgomery, AL 36106, Montgomery - image 1
investment property - 1812 Longmeadow Dr, Montgomery, AL 36106, Montgomery - image 2
List Price
$99,000
Initial Investment : $102,012
Purchase Price
$99,000
Down Payment
100%
Rent
$945

Total Return
$38,635
Annualized Return
7.5%
Cap Rate
7.7%
Gross Yield
11.5%
Cash Flow
$7,129
Appreciation
1.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/28/2016 
Lease End
08/31/2020 
Lot Size
11,996 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$10,773
Expenses
-$2,944
Property Taxes
-$700
Loan Payments
$0

Net Cash Flow
$7,129
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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