19575 Wenwood Ln

Berry, AL 35546
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3 bd, 2 ba | 1,166 sqft | Built in 2006

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List Price
$135,000

Initial Investment

$34,477

Purchase Price

$124,500

Down Payment

25%

Rent

$1,029

Total Return

$45,617

Annualized Return

19.3%

Cap Rate

6.8%

Gross Yield

9.9%

Cash Flow

$1,126

Appreciation

5.8%
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Features

Occupancy

Occupied

Lease Start

03/22/2019

Lease End

03/31/2021

Lot Size

43,560

HOA

None

Flood Risk

Not Required

  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased to meet our certification requirements
  • Attractive 9.8% gross yield at market rent, strong in-place rent with 9.1% gross yield and 6.4% Cap Rate
  • 3-bed 2-bath 1,166 sq ft single-family house with a large lot of over 1 acre
  • Property is on Septic Tank
  • Current tenant in place with a 2-year lease ending in Mar 2021, rental upside of over $100 at renewal / turnover
  • Pet fee included in monthly rent of $40.00

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Annual Financial Highlights

Expected Rent

$11,731

Expenses

-$2,936

Property Taxes

-$900

Loan Payments

-$6,768

Net Cash Flow

$1,126

See more in Financials

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