2605 Gibson St NW

Huntsville, AL 35810
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3 bd, 2 ba | 1,359 sqft | Built in 1964

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List Price
$89,000

Initial Investment

$25,526

Purchase Price

$88,000

Down Payment

25%

Rent

$840

Total Return

$48,655

Annualized Return

25.4%

Cap Rate

7.6%

Gross Yield

11.5%

Cash Flow

$1,327

Appreciation

8.4%
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Features

Occupancy

Occupied

Lease Start

06/08/2018

Lease End

06/30/2019

Lot Size

13,225

HOA

None

Flood Risk

Not Required

  • Close to schools, shopping and more
  • Corner lot with large yard
  • Excellent payment history
  • Tenant liability insurance fee included in monthly rent of $15.31

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Annual Financial Highlights

Expected Rent

$9,580

Expenses

-$2,696

Property Taxes

-$772

Loan Payments

-$4,784

Net Cash Flow

$1,327

See more in Financials

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