5617 Park Side Rd

Hoover, AL 35244
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3 bd, 2 ba | 1,364 sqft | Built in 2016

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Sold

Exclusive

List Price
$235,000

Initial Investment

$57,770
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

03/22/2018

Lease End

03/23/2022

Lot Size

5,680

HOA

$3/mo

Flood Risk

Not Required

  • 5-star neighborhood near highly-rated schools
  • No estimated immediate repair costs
  • Leased through March 2022
  • Built in 2016
See more in Analysis

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Annual Financial Highlights

Expected Rent

$17,100

Expenses

-$3,808

Property Taxes

-$3,100

Loan Payments

-$9,109

Net Cash Flow

$1,083

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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