4361 Springbrook Ln
Gardendale, AL 35071
List Price
$257,000
Initial Investment
$70,033Purchase Price
$257,000
Down Payment
25%
Rent
$1,740
Total Return
$107,407
Annualized Return
20.5%
Cap Rate
5.7%
Gross Yield
8.1%
Cash Flow
-$67
Appreciation
7.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Situated in a sought-after neighborhood in Gardendale, this property boasts a prime location that combines the tranquility of suburban living with the convenience of nearby amenities. Enjoy the sense of community and the charm of well-maintained homes that surround this property, creating a welcoming and inviting atmosphere for you and your family Don't miss out on this great opportunity to own a property of potential in an established neighborhood in Gardendale. Seize the chance to make this house your own and embark on a journey of transformation and fulfillment as you breathe new life into this residence.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$19,836Expenses
-$3,531Property Taxes
-$2,400Loan Payments
-$13,972Net Cash Flow
-$67See 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:Hannah McCandless
Agent License 000063714
Down South Realty Inc
Agent License 000063714
Down South Realty Inc
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21380697
Last Updated: 03/26/2024 00:03
MLS #21380697
Last Updated: 03/26/2024 00:03