1055 10th St

Pleasant Grove, AL 35127
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3 bd, 2 ba | 1,326 sqft | Built in 1964

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List Price
$139,000

Initial Investment

$37,878

Purchase Price

$139,000

Down Payment

25%

Rent

$1,260

Total Return

$60,473

Annualized Return

22.3%

Cap Rate

7.1%

Gross Yield

10.9%

Cash Flow

$1,657

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Beautiful 3 bedroom 2 full bath brick home priced with potential to grab immediate equity. Home needs minor cosmetic work and is a steal for the right investor or homeowner.

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$14,364

Expenses

-$2,970

Property Taxes

-$2,180

Loan Payments

-$7,557

Net Cash Flow

$1,657

See 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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Listing Courtesy of:Dan Demers
Agent License 409044
Sell Your Home Services, LLC
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21382606
Last Updated: 05/06/2024 12:05
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.