2747 Wellington Dr

Pelham, AL 35124
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4 bd, 3 ba | 2,488 sqft | Built in 2000

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$1,910

Total Return

$111,768

Annualized Return

18.9%

Cap Rate

5.7%

Gross Yield

7.6%

Cash Flow

-$106

Appreciation

6.6%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

New Paint 2024, water heater was replaced in 2017, HVAC replaced in 2019, new roof in 2021.

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

Annual Financial Highlights

Expected Rent

$21,774

Expenses

-$3,876

Property Taxes

-$1,700

Loan Payments

-$16,304

Net Cash Flow

-$106

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:Kulsum Budhwani
Keller Williams Realty Hoover
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21382531
Last Updated: 04/13/2024 00:04
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