100 Grande View Cir

Maylene, AL 35114
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4 bd, 3 ba | 1,802 sqft | Built in 2016

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List Price
$231,000

Initial Investment

$63,728

Purchase Price

$231,000

Down Payment

25%

Rent

$1,795

Total Return

$91,507

Annualized Return

20.0%

Cap Rate

6.0%

Gross Yield

9.3%

Cash Flow

$893

Appreciation

6.7%
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Features

Occupancy

Occupied

Lease Start

05/11/2017

Lease End

05/31/2021

Lot Size

23,164

HOA

$3/mo

Flood Risk

Not Required

  • Upgrades such as granite countertops, finished basement and double garage
  • Located in community with swim & tennis club

Buy It Now: Offers at list price include an American Home Shield home warranty.



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Annual Financial Highlights

Expected Rent

$20,463

Expenses

-$4,412

Property Taxes

-$2,600

Loan Payments

-$12,558

Net Cash Flow

$893

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