2529 7th St NE

Center Point, AL 35215
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3 bd, 1 ba | 1,130 sqft | Built in 1958

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List Price
$96,000

Initial Investment

$26,024

Purchase Price

$95,500

Down Payment

25%

Rent

$800

Total Return

$40,866

Annualized Return

21.7%

Cap Rate

6.8%

Gross Yield

10.1%

Cash Flow

$827

Appreciation

6.7%
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Features

Occupancy

Occupied

Lease Start

02/01/2020

Lease End

01/31/2022

Lot Size

14,000

HOA

None

Flood Risk

Not Required

  • 3-bed, 1-bath home
  • Near schools, shops, and dining options
  • Property will be inspected in escrow
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$9,120

Expenses

-$2,302

Property Taxes

-$800

Loan Payments

-$5,192

Net Cash Flow

$827

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