245 Waterford Lake Dr
Calera, AL 35040
List Price
$275,000
Initial Investment
$74,938Purchase Price
$275,000
Down Payment
25%
Rent
$1,780
Total Return
$113,058
Annualized Return
20.2%
Cap Rate
5.3%
Gross Yield
7.8%
Cash Flow
-$540
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
18,557
HOA
$32/mo
Look no further!! Newly Renovated 3 Bed 2 Bath Four Sides Brick Home, trey ceilings in the master bedroom and the great room, Kitchen opens into great room! 2 accent walls, new quartz countertops in kitchen and bathrooms. New light fixtures and Wood burning fireplace with a gas starter, gas logs can be added. The master bath has a separate shower and a garden tub. Located on a quiet a cul-de-sac lot. This Community has a Lake, Calera Schools, Shopping and Restaurants and just minutes to I-65.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$20,292Expenses
-$3,381Property Taxes
-$2,500Loan Payments
-$14,950Net Cash Flow
-$540See 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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AL Brokerage License 100333-0
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SourceGreater Alabama MLS
MLS #21416130
Last Updated: 04/17/2025 02:04
MLS #21416130
Last Updated: 04/17/2025 02:04