656 Wesley Dr

Montgomery, AL 36111
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4 bd, 2 ba | 1,376 sqft | Built in 1960

Sale Pending

Exclusive

List Price
$105,000

Initial Investment

$28,613
Features

Occupancy

Month To Month

Lease Start

05/06/2020

Lease End

M/M

Lot Size

12,023

HOA

None

Flood Risk

Not Required

  • Tenant is section 8
  • Month to month lease agreement
  • Attractive cap rate
  • New heat pump
  • Freshly remodeled
  • Granite countertops
See more in Analysis

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Annual Financial Highlights

Expected Rent

$11,970

Expenses

-$3,180

Property Taxes

-$700

Loan Payments

-$4,512

Net Cash Flow

$3,579

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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