11555 Andrew Way Tuscaloosa, AL 35405
4bd, 3.5ba | 1,847sqft | Built in 2016
Expand
Initial Investment
$222,703
List Price: $219,000
Purchase Price
$219,000
Down Payment
100%
Rent
$1,502

Total Return
$68,689
Annualized Return
6.1%
Cap Rate
5.8%
Gross Yield
8.2%
Cash Flow
$12,428
Appreciation
1.3%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
01/01/2019 
Lease End
07/31/2020 
Lot Size
11,686 
HOA
$21/mo
Flood Risk
Not Required
  • 4.5 star neighborhood
  • Built in 2016
  • Lease thru 7/31/2020
  • Processing and reporting fee included in monthly rent of $7.00

Annual Financial Highlight
Expected Rent
$17,123
Expenses
-$3,593
Property Taxes
-$1,102
Loan Payments
$0

Net Cash Flow
$12,428
Considerations
Property Characteristics    View Details


Inspection Contingency
This option lets the buyer specify that the home be inspected within a specific time period, during which the buyer can negotiate price or repairs based on the inspector’s findings or cancel the contract. Prior inspection reports may be available in the diligence documents. In some instances, the property has an inspection report from more than 4 months ago and needs an updated inspection.
  • The seller may be more willing to negotiate with a buyer in contract.
  • Opportunity to negotiate a lower price or repairs if any issues are discovered during the inspection process.
  • Ability to have the earnest money deposit refunded if the transaction is cancelled before the inspection contingency termination date.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.