Great investment opportunity! This solid brick home was updated in October of 2023. This is a rental property that is currently tenant occupied and is currently rented for $1027/month. Cash flow from day 1! This property is being sold individually, but could potentially be included as part of a package of 3 to also include MLS #'s 7351172 (1907 Halls Mill) and 7351169 (621 Westwood). Financials for the portfolio of 3:Monthly Gross Rent (Yearly) - $3,077.00 ($36,924.00)Monthly 2023 Taxes (Yearly) - $85.28 ($1,023.30)Monthly Insurance Estimate (Yearly) - $440.79 ($5289.47)Monthly Vacancy at 5% (Yearly) - $153.85 ($1846.20)Monthly Maintenance at 10% (Yearly) - $307.70 ($3,077.00)Monthly Property Management at 10% (Yearly) - $307.70 ($3,077.00)Monthly NOI (Yearly) - $1,781.68 ($21,380.23)Cap Rate - 8.73%Rent/Price - 1.26%All Information provided is deemed reliable but not guaranteed. Buyer or Buyer's Agent to verify all information.
7351203
Single Family, Traditional, 1 Story
3
Mobile - AL
1 Full
0.13
Acres
Public
1
Public Sewer
1,025
Sq. Ft.
Top Mobile
Electricity Available, Water Available
School Information
Grant
Booker T Washington
John L Leflore
Bathrooms
1
Total:1
Detailed Room Information
- Laundry
- None
Interior Features
- Appliances
- Electric Oven, Refrigerator
- Flooring
- Ceramic Tile, Carpet
- Cooling
- Other
- Heating
- Other. .
- Basement
- None
- Fireplaces
- None.
- Additional Interior Features
- Other
Exterior / Lot Features
- Parking
- None.
- Patio
- None
- Roof
- Shingle
- Pool Description
- None
- Spa
- None
- Lot View
- Trees/Woods
- Additional Exterior/Lot Features
- None. Back Yard.
Financial Considerations
2902440015376
$304
Arrows indicate 90 day trend
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