821 Twin Ridge Dr Gardendale, AL 35071
4bd, 2ba | 1,690sqft | Built in 1977
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Initial Investment
$175,523
List Price: $172,000
Purchase Price
$172,000
Down Payment
100%
Rent
$1,250

Total Return
$59,820
Annualized Return
6.7%
Cap Rate
5.8%
Gross Yield
8.7%
Cash Flow
$9,455
Appreciation
2.2%
Features
Occupancy
Occupied
Lease Start
02/15/2019 
Lease End
01/31/2020 
Lot Size
31,000 
HOA
None
Flood Risk
Not Required

Annual Financial Highlight
Expected Rent
$14,250
Expenses
-$3,195
Property Taxes
-$1,600
Loan Payments
$0

Net Cash Flow
$9,455
Considerations
Property Characteristics    View Details

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