4315 Lochshire Ln Gardendale, AL 35071
3bd, 2.5ba | 1,645sqft | Built in 2015
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Initial Investment
$168,619
List Price: $166,000
Purchase Price
$166,000
Down Payment
100%
Rent
$1,307

Total Return
$61,631
Annualized Return
7.1%
Cap Rate
5.9%
Gross Yield
9.4%
Cash Flow
$9,687
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
05/24/2018 
Lease End
06/01/2020 
Lot Size
2,178 
HOA
$25/mo
Flood Risk
Not Required
  • 6% cap with ~$9,700 in year one cash flow
  • Built in equity with sales comps up to $204,500
  • 2015 vintage in 4 star Birmingham suburb
  • Leased through 06/2020
  • Processing and reporting fee included in monthly rent of $7.00

Annual Financial Highlight
Expected Rent
$14,900
Expenses
-$3,213
Property Taxes
-$2,000
Loan Payments
$0

Net Cash Flow
$9,687
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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