408 Red Oak Ct
Montgomery, AL 36117
List Price
$242,800
Initial Investment
$66,163$
about the purchase process.
Features
Occupancy
Vacant
Lease Up Guarantee
Yes
Lot Size
19,859
HOA
None
Flood Risk
Not Required
- Located in 4-star neighborhood just minutes from downtown Montgomery
- Hard surfaces throughout – keeping maintenance costs low
- Low operating costs to increase annual cash flow
- Free 1-year home warranty through American Home Shield
- This is a Roofstock Reserve property, our premier collection of homes owned by Roofstock. Learn more here Learn more here
See more in Analysis
Annual Financial Highlights
Expected Rent
$19,380Expenses
-$4,532Property Taxes
-$1,500Loan Payments
-$10,432Net Cash Flow
$2,916See 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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