18469 Thoroughbred Dr

Vance, AL 35490
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3 bd, 2 ba | 1,174 sqft | Built in 2006

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List Price
$120,000

Initial Investment

$32,744

Purchase Price

$119,500

Down Payment

25%

Rent

$995

Total Return

$45,469

Annualized Return

20.2%

Cap Rate

7.0%

Gross Yield

10.0%

Cash Flow

$1,332

Appreciation

5.8%
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Features

Occupancy

Occupied

Lease Start

02/20/2017

Lease End

01/31/2019

Lot Size

10,880

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$11,343

Expenses

-$2,814

Property Taxes

-$700

Loan Payments

-$6,497

Net Cash Flow

$1,332

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