1002 S Main Ave

Demopolis, AL 36732
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4 bd, 3 ba | 2,021 sqft | Built in 1929

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List Price
$259,900

Initial Investment

$70,823

Purchase Price

$259,900

Down Payment

25%

Rent

$1,400

Total Return

$94,671

Annualized Return

18.0%

Cap Rate

4.9%

Gross Yield

6.5%

Cash Flow

-$1,960

Appreciation

7.1%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

House has had some wonderful remodeling!! Kitchen and Master bath have been remodeled as well as the exterior siding, central heat and air conditioning etc. Wonderful “He shed/She shed” above garage!

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$2,841

Property Taxes

-$950

Loan Payments

-$14,130

Net Cash Flow

-$1,960

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

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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Listing Courtesy of:Barbara Myers
Keller Williams Tuscaloosa
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceWest Alabama MLS
MLS #162119
Last Updated: 04/18/2024 01:04
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