4216 Eastland Dr NW

Huntsville, AL 35810
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3 bd, 2 ba | 1,613 sqft | Built in 1963

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List Price
$94,500

Initial Investment

$26,522

Purchase Price

$92,000

Down Payment

25%

Rent

$925

Total Return

$52,659

Annualized Return

26.4%

Cap Rate

7.9%

Gross Yield

12.1%

Cash Flow

$1,694

Appreciation

8.4%
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Features

Occupancy

Unspecified

Lease Start

10/01/2019

Lease End

09/30/2020

Lot Size

18,125

HOA

None

Flood Risk

Not Required

  • Property recently rehabbed including: new carpet, interior paint, weather stripping,
  • New 1 year lease
  • Professionally managed by Astro Property Management

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Annual Financial Highlights

Expected Rent

$10,545

Expenses

-$2,949

Property Taxes

-$900

Loan Payments

-$5,002

Net Cash Flow

$1,694

See more in Financials

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