6201 Stillbrook Ln

Montgomery, AL 36117
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3 bd, 2 ba | 1,541 sqft | Built in 1983

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For Sale

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List Price
$173,000

Initial Investment

$51,212
Pre-approval letter or proof of funds required.

$

about the purchase process.

Purchase Price

$173,000

Down Payment

25%

Rent

$1,175

Total Return

$30,386

Annualized Return

9.7%

Cap Rate

5.5%

Gross Yield

8.2%

Cash Flow

-$378

Appreciation

3.8%
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Features

Occupancy

Occupied

Lease Start

03/21/2022

Lease End

03/20/2023

Lot Size

19,964

HOA

None

Flood Risk

Not Required

  • Please toggle between current and market rent. At market rent, house is at 6.6 cap rate and annual cash flow is $1419
  • Seller recently did many repairs. Please inquire for a list
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$13,395

Expenses

-$3,267

Property Taxes

-$1,100

Loan Payments

-$9,405

Net Cash Flow

-$378

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.

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