6470 Cheshire Cove Dr Mc Calla, AL 35111
4bd, 2.5ba | 1,588sqft | Built in 2017
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Initial Investment
$218,225
List Price: $215,000
Purchase Price
$215,000
Down Payment
100%
Rent
$1,695

Total Return
$76,307
Annualized Return
6.9%
Cap Rate
6.5%
Gross Yield
9.5%
Cash Flow
$13,780
Appreciation
1.3%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
05/15/2018 
Lease End
07/15/2019 
Lot Size
HOA
$15/mo
Flood Risk
Not Required
  • Located 4 miles from Amazon's new Bessemer distribution center (975 Powder Plant Rd, Bessemer, AL 35022)
  • 4.5 star neighborhood
  • Built in 2017
  • Highly sought after market

Annual Financial Highlight
Expected Rent
$19,323
Expenses
-$3,915
Property Taxes
-$1,628
Loan Payments
$0

Net Cash Flow
$13,780
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

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.

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