309 Union Station Dr (Sold)

Calera, AL 35040
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4 bd, 3 ba | 1,802 sqft | Built in 2017

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List Price
$191,900

Initial Investment

$52,085

Purchase Price

$190,900

Down Payment

25%

Rent

$1,600

Total Return

$89,587

Annualized Return

23.2%

Cap Rate

6.6%

Gross Yield

10.1%

Cash Flow

$1,743

Appreciation

7.3%
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Features

Occupancy

Occupied

Lease Start

10/29/2018

Lease End

01/29/2020

Lot Size

4,400

HOA

$2/mo

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$18,240

Expenses

-$4,018

Property Taxes

-$2,100

Loan Payments

-$10,378

Net Cash Flow

$1,743

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