3641 Menlo Ct

Montgomery, AL 36116
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4 bd, 2 ba | 1,592 sqft | Built in 1969

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List Price
$134,000

Initial Investment

$37,300

Purchase Price

$125,000

Down Payment

25%

Rent

$1,340

Total Return

$41,782

Annualized Return

18.6%

Cap Rate

8.9%

Gross Yield

12.9%

Cash Flow

$3,524

Appreciation

3.8%
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Features

Occupancy

Occupied

Lease Start

09/03/2021

Lease End

08/31/2022

Lot Size

11,988

HOA

None

Flood Risk

Not Required

  • Highlights: Strong cap rate; Tile throughout entire home
  • Section 8 tenant
  • The following appliances are staying with the home at close: Electric range and microwave

See more in Analysis

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Annual Financial Highlights

Expected Rent

$15,276

Expenses

-$4,157

Property Taxes

-$800

Loan Payments

-$6,796

Net Cash Flow

$3,524

See more in Financials

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