1038 Colonial Ave
Gardendale, AL 35071
List Price
$112,000
Initial Investment
$30,520Purchase Price
$112,000
Down Payment
25%
Rent
$1,430
Total Return
$73,284
Annualized Return
33.2%
Cap Rate
10.6%
Gross Yield
15.3%
Cash Flow
$4,958
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Great investment in Gardendale!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$16,302Expenses
-$4,095Property Taxes
-$1,160Loan Payments
-$6,089Net Cash Flow
$4,958See more in Financials
Property Characteristics
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.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
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 #21380724
Last Updated: 03/26/2024 04:03
MLS #21380724
Last Updated: 03/26/2024 04:03