3768 Creek Side Way Trussville, AL 35173
5bd, 4.5ba | 2,590sqft | Built in 2014
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Initial Investment
$350,840
List Price: $345,000
Purchase Price
$345,000
Down Payment
100%
Rent
$2,350

Total Return
$112,062
Annualized Return
6.2%
Cap Rate
5.2%
Gross Yield
8.2%
Cash Flow
$17,229
Appreciation
2.2%
Features
Occupancy
Occupied
Lease Start
07/12/2019 
Lease End
06/30/2020 
Lot Size
22,440 
HOA
None
Flood Risk
Not Required
  • Hewitt-TrussVille Middle and High School are well-received public schools
  • Previous Inspection Report available in the Analysis Tab (Additional photos and systems & appliances review)
  • Large two-car garage with driveway

Annual Financial Highlight
Expected Rent
$26,790
Expenses
-$5,561
Property Taxes
-$4,000
Loan Payments
$0

Net Cash Flow
$17,229
Considerations
Property Characteristics    View Details



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. If any prior inspection reports are available, you'll find them in the Diligence Documents (Analysis tab).  If the latest inspection report is more than 4 months old, the home will be listed with an inspection contingency.
  • 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.
  • Roofstock will let you know whether the property passes Roofstock Certification. If it fails, and you choose to carry on with the transaction, the Roofstock Guarantee will no longer apply unless issues are resolved prior to closing. 

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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