387 Jamestown Manor Dr
Gardendale, AL 35071
List Price
$94,900
Initial Investment
$30,728Purchase Price
$103,589
Down Payment
25%
Rent
$1,000
Total Return
$50,928
Annualized Return
23.4%
Cap Rate
7.8%
Gross Yield
11.6%
Cash Flow
$1,882
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Property Type
Townhouse
Lot Size
1,494
HOA
None
Flood Risk
Not Required
Perfect starter home or investment property in quiet townhome community. Fresh paint, new carpet, new stove, new dishwasher, new bay windows, new kitchen counters, new stainless steel kitchen sink, new heat pump in 2020. Large living room with wood burning fireplace perfect for entertaining with access to the back deck. Huge basement for storage. No HOA dues! Better Hurry!
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$11,400Expenses
-$2,986Property Taxes
-$900Loan Payments
-$5,632Net Cash Flow
$1,882See 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:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
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AL Brokerage License 100333-0
SourceGreater Alabama
MLS #1277811
MLS #1277811