4124 Fitzpatrick Blvd
Montgomery, AL 36116
Sold
Exclusive
List Price
$90,000
Initial Investment
$24,389Features
Occupancy
Month To Month
Lease Start
07/15/2019
Lease End
M/M
Lot Size
8,490
HOA
None
Flood Risk
Not Required
- Strong cap rate
- Newer property in good shape
- Recently installed 3 screens at request of tenant to give air flow without running AC
- Will be sold as-is per seller
- This property meets the coveted and rare "1%" rule - 1% of property price per month in rent
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,260Expenses
-$2,749Property Taxes
-$700Loan Payments
-$3,846Net Cash Flow
$2,965See 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