19575 Wenwood Ln Berry, AL 35546
3bd, 2ba | 1,166sqft | Built in 2006
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Initial Investment
$142,651
List Price: $140,000
Purchase Price
$140,000
Down Payment
100%
Rent
$1,029

Total Return
$60,133
Annualized Return
8.1%
Cap Rate
6.2%
Gross Yield
8.8%
Cash Flow
$8,241
Appreciation
3.3%
Features
Occupancy
Occupied
Lease Start
03/22/2019 
Lease End
03/31/2021 
Lot Size
43,560 
HOA
None
Flood Risk
Not Required
  • An affiliate of Roofstock is the seller of this home, which has been professionally acquired, renovated, and leased (if stated) to meet our certification requirements.
  • Attractive 9.0% gross yield at market rent, strong in-place rent with 8.8% gross yield and 6.2% Cap Rate
  • 3-bed 2-bath 1,166 sq ft single-family house with a large lot of over 1 acre
  • Clean inspection report by 3rd party inspector with limited immediate repair items
  • Highly rated schools, easy access to US 43
  • Current tenant in place with a 2-year lease ending in Mar 2021, rental upside of over $100 at renewal / turnover
  • Pet fee included in monthly rent of $40.00

Annual Financial Highlight
Expected Rent
$11,731
Expenses
-$2,590
Property Taxes
-$900
Loan Payments
$0

Net Cash Flow
$8,241
Considerations
Property Characteristics    View Details

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  • Enjoy guaranteed rent on vacant properties starting 45 days after the home is rent-ready. Plus you will also pay no monthly management fees until your property is leased.
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Property Management   

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