105 David Barnes Dr

Madison, AL 35756
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3 bd, 3 ba | 2,651 sqft | Built in 2010

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Curb View
List Price
$174,900

Initial Investment

$47,688

Purchase Price

$175,000

Down Payment

25%

Rent

$1,400

Total Return

$100,076

Annualized Return

26.6%

Cap Rate

6.7%

Gross Yield

9.6%

Cash Flow

$1,873

Appreciation

8.8%
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Features

Occupancy

Vacant

Lot Size

5,308

HOA

$0/mo

Flood Risk

Not Required

  • Storage shed in the backyard
  • Cozy and Spacious inside
  • 23.8 miles away from Holaway's Foodland
  • Listed on MLS on 1/8/2020

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Caleb Barksdale
Weichert Realtors

Annual Financial Highlights

Expected Rent

$15,960

Expenses

-$3,673

Property Taxes

-$900

Loan Payments

-$9,514

Net Cash Flow

$1,873

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:Jessica Schram
Leading Edge, R.E. Group
Certified Agent Brokerage:Caleb Barksdale
Weichert Realtors
SourceValleyMLS.com
MLS #1134581
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