5561 Park Side Rd
Hoover, AL 35244
List Price
$255,000
Initial Investment
$65,520Purchase Price
$240,000
Down Payment
25%
Rent
$1,900
Total Return
$86,829
Annualized Return
18.6%
Cap Rate
5.8%
Gross Yield
9.5%
Cash Flow
$376
Appreciation
6.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
11/06/2017
Lease End
05/31/2019
Lot Size
4,400
HOA
$3/mo
Flood Risk
Not Required
- 2016 vintage in premium 4.5 star Birmingham suburb w/ great school district (7,10,9)
- 5.4% cap rate
- Extended life expectancy on all major systems (roof, HVAC, water heater)
- Professionally managed by Roofstock certified property manager, Alabama Rental Managers (ARM)
See more in Analysis
Annual Financial Highlights
Expected Rent
$21,660Expenses
-$4,736Property Taxes
-$3,500Loan Payments
-$13,048Net Cash Flow
$376See more in Financials
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