1129 King Arthur Ct

Alabaster, AL 35007
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2 bd, 2 ba | 1,142 sqft | Built in 1989

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List Price
$109,000

Initial Investment

$30,975

Purchase Price

$110,000

Down Payment

25%

Rent

$1,000

Total Return

$60,725

Annualized Return

26.2%

Cap Rate

7.8%

Gross Yield

10.9%

Cash Flow

$2,024

Appreciation

8.0%
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Features

Occupancy

Vacant

Property Type

Townhouse

Lot Size

3,900

HOA

None

Flood Risk

Not Required

  • Fenced in backyard
  • Designated parking spots
  • Get more insight into this market here
  • Listed on MLS on 10/05/20

MARKETS

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NEIGHBORHOOD

SCHOOLS

See more in Analysis
Ben Preston
LAH Real Estate

Annual Financial Highlights

Expected Rent

$11,400

Expenses

-$2,896

Property Taxes

-$500

Loan Payments

-$5,980

Net Cash Flow

$2,024

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:Isaac McDow
Keller Williams Realty Vestavia
Certified Agent Brokerage:Ben Preston
LAH Real Estate
SourceGreater Alabama
MLS #897602
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