1021 Little Sorrel Dr
Calera, AL 35040
List Price
$279,900
Initial Investment
$76,273Purchase Price
$279,900
Down Payment
25%
Rent
$1,630
Total Return
$110,477
Annualized Return
19.3%
Cap Rate
5.2%
Gross Yield
7.0%
Cash Flow
-$1,392
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Lot Size
7,710
HOA
None
Flood Risk
Not Required
WELCOME TO THE CUTEST HOME IN CALERA!! This is 3 Bedroom, 2 Bathroom with BONUS Room home that is a newly remodeled and updated home. New paint in 2021, new carpet in 2022, New Hot Water Heater in 2019 and new roof in Dec 2019 and Master Bath remodeled in fall of 2022. This home has an open Living Room and Kitchen floor plan, with a Bonus Room upstairs for your Office or Crafts or Man Cave, or Play Room. Don't miss the Fenced in BACK YARD with the COVERED Back PATIO that's extended for you to entertain more. All this in the beautiful Savannah Pointe subdivision, which is a swim and tennis club neighborhood. Close to I-65, close to Calera Walmart and Alabaster Walmart and Target and Starbucks, Lowes and lots of restaurants. Close to work, close to school, close to perfect!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$18,582Expenses
-$3,308Property Taxes
-$1,450Loan Payments
-$15,217Net Cash Flow
-$1,392See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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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SourceGreater Alabama MLS
MLS #1348429
Last Updated: 03/17/2023 20:03
MLS #1348429
Last Updated: 03/17/2023 20:03