2038 Commodore St

Montgomery, AL 36106
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3 bd, 1.5 ba | 1,561 sqft | Built in 1955

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List Price
$64,000

Initial Investment

$19,390

Purchase Price

$65,600

Down Payment

25%

Rent

$725

Total Return

$20,111

Annualized Return

17.1%

Cap Rate

8.4%

Gross Yield

13.3%

Cash Flow

$1,472

Appreciation

3.8%
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Features

Occupancy

Unspecified

Lease Start

10/01/2016

Lease End

09/30/2017

Lot Size

14,044

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,265

Expenses

-$2,626

Property Taxes

-$600

Loan Payments

-$3,566

Net Cash Flow

$1,472

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