1627 16th Ave NW
Childersburg, AL 35044
List Price
$120,000
$5K
Initial Investment
$32,700Purchase Price
$120,000
Down Payment
25%
Rent
$1,770
Total Return
$55,190
Annualized Return
28.2%
Cap Rate
11.7%
Gross Yield
17.7%
Cash Flow
$6,470
Appreciation
3.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
This listing features a big house that needs a lot of work but has a lot of potentials. It has a large master suite and a nice layout. Large flat yard and convenient to US 280. It's perfect for someone who wants to fix it up, and there's even a chance to turn it into a duplex. The house is also close to the Coosa River. Great for someone ready to put in some effort to make it special.
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$20,178Expenses
-$6,235Property Taxes
-$950Loan Payments
-$6,524Net Cash Flow
$6,470See 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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SourceGreater Alabama MLS
MLS #21382194
Last Updated: 04/23/2024 04:04
MLS #21382194
Last Updated: 04/23/2024 04:04