122 Jesse Layne Dr

Harvest, AL 35749
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3 bd, 2 ba | 3,010 sqft | Built in 2009

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List Price
$199,000

Initial Investment

$59,068

Purchase Price

$200,251

Down Payment

25%

Rent

$1,600

Total Return

$101,162

Annualized Return

23.3%

Cap Rate

6.9%

Gross Yield

9.6%

Cash Flow

$2,428

Appreciation

8.0%
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Features

Occupancy

Vacant

Lot Size

5,999

HOA

None

Flood Risk

Not Required

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See more in Analysis
Jason Egan
Weichert Realtors
AL Agent License #127800

Annual Financial Highlights

Expected Rent

$18,240

Expenses

-$4,075

Property Taxes

-$850

Loan Payments

-$10,887

Net Cash Flow

$2,428

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:Tina Jones
Agent License 80084
Matt Curtis Real Estate, Inc.
Certified Agent Brokerage:Jason Egan
Weichert Realtors
AL Brokerage License 65742
SourceHuntsville Area Association of Realtors
MLS #1779675
Last Updated: 05/20/2021 22:05
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