117 21st Ave NE

Center Point, AL 35215
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5 bd, 3.5 ba | 3,075 sqft | Built in 1953

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List Price
$172,500

Initial Investment

$48,306

Purchase Price

$172,500

Down Payment

25%

Rent

$1,725

Total Return

$82,550

Annualized Return

24.1%

Cap Rate

7.9%

Gross Yield

12%

Cash Flow

$3,383

Appreciation

6.7%
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Features

Occupancy

Occupied

Lease Start

03/14/2018

Lease End

03/31/2023

Property Type

Duplex

Lot Size

61,600

HOA

None

Flood Risk

Not Required


See more in Analysis

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Annual Financial Highlights

Expected Rent

$19,665

Expenses

-$5,204

Property Taxes

-$1,700

Loan Payments

-$9,378

Net Cash Flow

$3,383

See more in Financials

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