493 Cedar Crest Dr
Vestavia Hills, AL 35216
List Price
$139,900
Initial Investment
$36,898Purchase Price
$131,000
Down Payment
25%
Rent
$1,150
Total Return
$53,567
Annualized Return
20.2%
Cap Rate
6.5%
Gross Yield
10.5%
Cash Flow
$680
Appreciation
6.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
2,178
HOA
None
Flood Risk
Not Required
- Seller claims move-in-ready
- Updated townhome in a strong 4 star neighborhood
- HVAC installed in 2015
- Updated floors (2018) and freshly Carpeted
- Listed on the MLS 3/22/19
See more in Analysis
Ben Preston
LAH Real Estate
Annual Financial Highlights
Expected Rent
$13,110Expenses
-$3,308Property Taxes
-$2,000Loan Payments
-$7,122Net Cash Flow
$680See 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:Tayler Brohl
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Certified Agent Brokerage:Ben Preston
LAH Real Estate
LAH Real Estate
SourceGreater Alabama
MLS #843983
MLS #843983