5545 Park Side Rd Hoover, AL 35244
3bd, 2ba | 1,803sqft | Built in 2017
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Initial Investment
$229,111
List Price: $225,000
Purchase Price
$225,000
Down Payment
100%
Rent
$1,650

Total Return
$74,382
Annualized Return
6.3%
Cap Rate
5.2%
Gross Yield
8.8%
Cash Flow
$11,503
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
02/01/2019 
Lease End
02/28/2020 
Lot Size
5,000 
HOA
$33/mo
Flood Risk
Not Required
  • 4.5 star neighborhood
  • Leased thru 2/28/2020
  • Upgraded kitchen with open floor plan
  • In Lake Cyrus Community with access to paid membership that includes pool, tennis and more

Annual Financial Highlight
Expected Rent
$18,810
Expenses
-$4,007
Property Taxes
-$3,300
Loan Payments
$0

Net Cash Flow
$11,503
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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