6470 Cheshire Cove Dr

Mc Calla, AL 35111
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4 bd, 2.5 ba | 1,588 sqft | Built in 2017

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List Price
$215,000

Initial Investment

$57,225

Purchase Price

$210,000

Down Payment

25%

Rent

$1,695

Total Return

$87,639

Annualized Return

21.4%

Cap Rate

6.6%

Gross Yield

9.7%

Cash Flow

$1,905

Appreciation

6.5%
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Features

Occupancy

Occupied

Lease Start

05/15/2018

Lease End

07/15/2019

Lot Size

3,910

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

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Annual Financial Highlights

Expected Rent

$19,323

Expenses

-$4,373

Property Taxes

-$1,628

Loan Payments

-$11,417

Net Cash Flow

$1,905

See more in Financials

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