529 6th Ct
Pleasant Grove, AL 35127
List Price
$269,900
Initial Investment
$73,548Purchase Price
$269,900
Down Payment
25%
Rent
$1,670
Total Return
$92,514
Annualized Return
17.4%
Cap Rate
5.2%
Gross Yield
7.4%
Cash Flow
-$1,474
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
25,500
HOA
None
Flood Risk
Not Required
Welcome to Pleasant Grove! This totally remodeled home has 3 bedrooms 2 baths on the main level and lots of space for everyone in this basement home! Modern amenities - hardwood flooring throughout - Living room Dining room combo - Updated kitchen with granite countertops - NEW appliances includes dishwasher, stove, hood vent - eat in kitchen. (Stove was not installed at time of photos) Updated bathrooms - tile shower in master bath - new bronze fixtures - modern colors. Nice sized half an acre lot. Den, laundry, and 2 car garage in basement! New Driveway and walkway. Home is virtually staged. Don't miss this one!
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$19,038Expenses
-$3,389Property Taxes
-$2,450Loan Payments
-$14,673Net Cash Flow
-$1,474See 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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AL Brokerage License 100333-0
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SourceGreater Alabama MLS
MLS #21382255
Last Updated: 04/11/2024 14:04
MLS #21382255
Last Updated: 04/11/2024 14:04