170 Flagstone Ln
Calera, AL 35040
Tentative Price
$135,000
Initial Investment
$37,438Purchase Price
$132,250
Down Payment
25%
Rent
$1,100
Total Return
$58,171
Annualized Return
21.2%
Cap Rate
6.5%
Gross Yield
10.0%
Cash Flow
$730
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
5,227
HOA
$1/mo
Flood Risk
Not Required
- Seller claims move-in-ready
- Attractive 4-star neighborhood with a strong cap rate
- Charming home boasts hardwood floors and convenience to local restaurants and stores
- Listed on the MLS on 4/2/19
See more in Analysis
Ben Preston
LAH Real Estate
Annual Financial Highlights
Expected Rent
$12,540Expenses
-$3,121Property Taxes
-$1,500Loan Payments
-$7,190Net Cash Flow
$730See 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.
Similar Listings
Listing Courtesy of:Scotty Vines
Agent License 000093797
Keller Williams Metro South
Agent License 000093797
Keller Williams Metro South
Certified Agent Brokerage:Ben Preston
LAH Real Estate
LAH Real Estate
SourceGreater Alabama
MLS #845188
MLS #845188