2755 Allison Mill Rd

Talladega, AL 35160
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3 bd, 2 ba | 1,006 sqft | Built in 2020

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List Price
$141,300

Initial Investment

$141,085

Purchase Price

$139,000

Down Payment

100%

Rent

$995

Total Return

$56,661

Annualized Return

7.7%

Cap Rate

5.7%

Gross Yield

8.6%

Cash Flow

$7,717

Appreciation

3.2%
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Features

Occupancy

Occupied

Lease Start

04/16/2021

Lease End

07/16/2022

Lot Size

10,768

HOA

None

Flood Risk

Not Required

  • BRAND NEW CONSTRUCTION!!!
  • Located in a NEWLY DEVELOPED SUBDIVISION!
  • Recently executed lease, mitigating vacancy risk through 7/16/2022
  • Consisting of 3 bedrooms, including a nicely appointed Master Suite, and 2 full baths, this home has a spacious floor plan with designer selections and neutral colors
  • Attractive gross yield and cap rate at market rent
  • Hard Surfaces throughout – keeping maintenance costs low
  • Great family home in quiet neighborhood just minutes from downtown!
  • Warranty included
  • This is a Roofstock Reserve property, our premier collection of homes owned by Roofstock Learn more here

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Annual Financial Highlights

Expected Rent

$11,343

Expenses

-$2,471

Property Taxes

-$1,155

Loan Payments

$0

Net Cash Flow

$7,717

See more in Financials

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