233 Union Station Dr

Calera, AL 35040
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4 bd, 2 ba | 2,374 sqft | Built in 2017

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List Price
$180,000

Initial Investment

$46,550

Purchase Price

$169,000

Down Payment

25%

Rent

$1,275

Total Return

$73,463

Annualized Return

21.3%

Cap Rate

6.0%

Gross Yield

9.1%

Cash Flow

$526

Appreciation

7.3%
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Features

Occupancy

Occupied

Lease Start

02/24/2018

Lease End

05/25/2020

Lot Size

5,500

HOA

None

Flood Risk

Not Required

  • Four bed, two bath with two car garage
  • Tenant residing since February 2018 and leased through May 2020
  • Please refer to inspection report for additional photos and repair/replacement criteria

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Annual Financial Highlights

Expected Rent

$14,535

Expenses

-$3,321

Property Taxes

-$1,500

Loan Payments

-$9,188

Net Cash Flow

$526

See more in Financials

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