1905 Highland Ave # Duplicated659141

Jasper, AL 35501
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6 bd, 3 ba | 4,732 sqft | Built in 1950

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List Price
$174,900

Initial Investment

$47,660

Purchase Price

$174,900

Down Payment

25%

Rent

$3,970

Total Return

$164,706

Annualized Return

51.0%

Cap Rate

17.1%

Gross Yield

27.2%

Cash Flow

$18,526

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

17,424

HOA

None

Flood Risk

Not Required

Large home located close to Downtown Jasper. Has 6 bedrooms, 3 baths,, living room, dining room, family room, kitchen. New windows, outside of home has been recently painted. Property also has a 1 bed apartment that is unfinished Electrical and plumbing are there but needs sheetrock work Needs interior painting and carpet work. Come add your personal touch to the spacious home.

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

Annual Financial Highlights

Expected Rent

$45,258

Expenses

-$14,284

Property Taxes

-$2,940

Loan Payments

-$9,508

Net Cash Flow

$18,526

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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Certified Agent Brokerage:Benjamin Hedden
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AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21379961
Last Updated: 03/18/2024 16:03
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