3600 Windrush Pl

Montgomery, AL 36116
image0

5 bd, 2 ba | 1,655 sqft | Built in 1966

slider image
slider image
slider image
For Sale

Exclusive

List Price
$136,500

Initial Investment

$37,196
Pre-approval letter or proof of funds required.

$

about the purchase process.
Features

Occupancy

Occupied

Lease Start

07/22/2020

Lease End

06/30/2023

Lot Size

17,546

HOA

None

Flood Risk

Not Required

  • Tenant is section 8
  • Currently, HAP covers $1,065/mo and Tenant covers $55/mo. Starting on 7/1/2022, the rent will increase to $1,365. HAP portion will increase to $1,210 and the Tenant will pay $155/mo
  • After 7/1/22, the monthly rent will increase to $1365 effective 7/1/2022 through 6/30/2023
  • The property was totally renovated in Mar 2020, converted from a 4 bedroom, 2 full bath to a 5 bedroom, 2 full bath
  • The property is located on a large corner lot
  • The property has an attached two car carport and comes with a connected brick storage building
See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$12,768

Expenses

-$3,222

Property Taxes

-$900

Loan Payments

-$7,421

Net Cash Flow

$1,225

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

Similar Listings