4353 Ridgemont Cir Birmingham, AL 35244
3bd, 2.5ba | 1,640sqft | Built in 2016
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Initial Investment
$177,625
List Price: $175,000
Purchase Price
$175,000
Down Payment
100%
Rent
$1,295

Total Return
$63,834
Annualized Return
7.0%
Cap Rate
5.8%
Gross Yield
8.9%
Cash Flow
$9,984
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
03/31/2019 
Lease End
04/30/2020 
Lot Size
3,744 
HOA
$19/mo
Flood Risk
Not Required
  • Attractive two-story 3 bed/ 2.5 bath townhome built in 2016
  • No immediate repairs
  • New 12-month lease started 3/31/2019
  • Top rated schools and close to shopping

Annual Financial Highlight
Expected Rent
$14,763
Expenses
-$3,079
Property Taxes
-$1,700
Loan Payments
$0

Net Cash Flow
$9,984
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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