230 12th Ave SE

Graysville, AL 35073
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3 bd, 2 ba | 1,008 sqft | Built in 1980

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List Price
$89,000

Initial Investment

$23,708

Purchase Price

$87,000

Down Payment

25%

Rent

$900

Total Return

$40,687

Annualized Return

24.1%

Cap Rate

8.0%

Gross Yield

12.4%

Cash Flow

$1,572

Appreciation

6.6%
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Features

Occupancy

Occupied

Lease Start

03/15/2018

Lease End

03/14/2020

Lot Size

19,488

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$2,859

Property Taxes

-$1,100

Loan Payments

-$4,730

Net Cash Flow

$1,572

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