945 Queensbury Dr Montgomery, AL 36116
3bd, 2ba | 1,908sqft | Built in 1970
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Initial Investment
$90,220
List Price: $87,500
Purchase Price
$87,500
Down Payment
100%
Rent
$875

Total Return
$35,117
Annualized Return
7.7%
Cap Rate
8.1%
Gross Yield
12.0%
Cash Flow
$6,494
Appreciation
1.4%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/14/2016 
Lease End
05/31/2020 
Lot Size
15,725 
HOA
None
Flood Risk
Not Required
  • 1 percent rule
  • Near hospital, schools and shopping
  • Built in cabinets throughout
  • Inspection report available

Annual Financial Highlight
Expected Rent
$9,975
Expenses
-$2,925
Property Taxes
-$556
Loan Payments
$0

Net Cash Flow
$6,494
Considerations
Property Characteristics    View Details

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  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

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