205 Alice Ln-Prattville-36066, Elmore

205 Alice Ln

Prattville, AL 36066

3 bd, 2 ba | 1,238 sqft | Built in 1984

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List Price

$69,900

Initial Investment

$19,048

Purchase Price

$69,900

Down Payment

25%

Rent

$1,520

Total Return

$59,364

Annualized Return

50.0%

Cap Rate

18.1%

Gross Yield

26.1%

Cash Flow

$7,818

Appreciation

4.6%

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Features

Occupancy

Unspecified

Lease Start

Lease End

Lot Size

HOA

None

Flood Risk

Not Required

Discover your next chapter in this charming Prattville gem! With 3 bedrooms, 2 baths, and 1238 sqft of living space, this home offers both comfort and potential. Built in 1984, it boasts a full garage and interior wood panels, creating a cozy ambiance. The carpeted flooring adds to its inviting feel.

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Michael Atkins

Harris & Atkins Real Estate LLC

AL Agent License #87309

Annual Financial Highlights

Expected Rent

$17,328

Expenses

-$5,510

Property Taxes

-$200

Loan Payments

-$3,800

Net Cash Flow

$7,818

See 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:Steven Koleno
Agent License 3469487
Beycome Brokerage Realty

Certified Agent Brokerage:Michael Atkins
Harris & Atkins Real Estate LLC
AL Brokerage License 94525

SourceGreater Alabama MLS
MLS #21383133
Last Updated: 04/24/2024 22:04

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