2042 Rexford Rd

Montgomery, AL 36116
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3 bd, 2 ba | 1,662 sqft | Built in 1976

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List Price
$72,000

Initial Investment

$21,482

Purchase Price

$70,000

Down Payment

25%

Rent

$750

Total Return

$20,590

Annualized Return

16.1%

Cap Rate

8.4%

Gross Yield

12.9%

Cash Flow

$1,556

Appreciation

3.8%
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Features

Occupancy

Occupied

Lease Start

06/24/2019

Lease End

06/23/2020

Lot Size

6,930

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,688

Property Taxes

-$500

Loan Payments

-$3,806

Net Cash Flow

$1,556

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