945 Queensbury Dr

Montgomery, AL 36116
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3 bd, 2 ba | 1,908 sqft | Built in 1970

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List Price
$87,500

Initial Investment

$24,570

Purchase Price

$85,000

Down Payment

25%

Rent

$875

Total Return

$25,734

Annualized Return

17.1%

Cap Rate

8.2%

Gross Yield

12.4%

Cash Flow

$1,742

Appreciation

3.8%
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Features

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

See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,975

Expenses

-$3,056

Property Taxes

-$556

Loan Payments

-$4,621

Net Cash Flow

$1,742

See more in Financials

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