113 Mayfair Ln

Calera, AL 35040
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3 bd, 2 ba | 1,275 sqft | Built in 2003

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List Price
$234,900

Initial Investment

$64,010

Purchase Price

$234,900

Down Payment

25%

Rent

$1,440

Total Return

$89,108

Annualized Return

18.5%

Cap Rate

4.9%

Gross Yield

7.4%

Cash Flow

-$1,865

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,536

HOA

$25/mo

Flood Risk

Not Required

This 3 bed/2 bath open concept home has been beautifully renovated using a warm color palette and custom touches typically found in designer homes and is truly MOVE-IN READY! Some of the highlights in the kitchen include upgraded granite countertops, new 42 inch tall soft-close cabinets, tile backsplash, new stainless steel Samsung appliances, and wine bar/beverage station. Features in the primary ensuite include an accent wall, trey ceiling, large walk-in closet, double vanity, and spacious shower with premium tile, frameless glass surround, wide storage niche, & rainfall shower head. Other points of interest about the home include a trey ceiling & stacked stone fireplace with mantle in the living room, all new flooring & fresh paint throughout, all new plumbing & lighting fixtures, 1 car garage, and newly built privacy fenced backyard. The welcoming neighborhood of Camden Cove offers a lake, swimming pool, playground, basketball court, & walking trail for your recreational activities

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$16,416

Expenses

-$3,221

Property Taxes

-$2,290

Loan Payments

-$12,770

Net Cash Flow

-$1,865

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:Brandon McAway
Keller Williams Tuscaloosa
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21416039
Last Updated: 04/22/2025 14:04
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