3153 Kendale Dr

Mobile, AL 36606
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3 bd, 1 ba | 1,223 sqft | Built in 1972

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Curb View
List Price
$59,900

Initial Investment

$19,280

Purchase Price

$59,900

Down Payment

25%

Rent

$775

Total Return

$28,728

Annualized Return

22.0%

Cap Rate

8.7%

Gross Yield

15.5%

Cash Flow

$1,398

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

05/01/2014

Lease End

07/31/2023

Lot Size

7,590

HOA

None

Flood Risk

Not Required

  • Seller selling AS-IS
  • Long driveway with covered parking
  • Close to shopping centers
  • This is a 3 bed, 1 bath property
  • There is a dishwasher in the kitchen and pictured on the inspection report

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$8,835

Expenses

-$3,180

Property Taxes

-$1,000

Loan Payments

-$3,256

Net Cash Flow

$1,398

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