159 Shiloh Creek Dr

Calera, AL 35040
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3 bd, 2 ba | 1,448 sqft | Built in 2024

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List Price
$273,888

Initial Investment

$74,634

Purchase Price

$273,888

Down Payment

25%

Rent

$1,630

Total Return

$99,775

Annualized Return

17.7%

Cap Rate

4.4%

Gross Yield

7.1%

Cash Flow

-$2,931

Appreciation

7.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

8,276

HOA

None

Flood Risk

Not Required

Welcome to The Cove at Shiloh Creek! The Tate is a three bedroom, two bathroom, 1448 square foot home. The front door opens to the stunning entryway that leads to the kitchen. The pantry and laundry room are located behind the kitchen to the right. To the left of the kitchen is the opening to the guest bath. The powder room separates two of the spacious bedrooms. The kitchen extends to the dining room and living room for an elegant open concept with stunning 9’ Ceilings throughout. The living room gives way to the master bedroom on the right.

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

Annual Financial Highlights

Expected Rent

$18,582

Expenses

-$3,953

Property Taxes

-$2,670

Loan Payments

-$14,890

Net Cash Flow

-$2,931

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:Julie Brittle
HOLLAND HOME SALES
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21382324
Last Updated: 04/11/2024 00:04
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.