418 3rd St SE
Aliceville, AL 35442
List Price
$200,000
Initial Investment
$54,500Purchase Price
$200,000
Down Payment
25%
Rent
$4,290
Total Return
$182,117
Annualized Return
51.2%
Cap Rate
17.5%
Gross Yield
25.7%
Cash Flow
$22,104
Appreciation
5.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
The primary home is fully renovated and has 4bedroom 3bathroom this home has everything a modern home has from the waterfall sink in the bathroom, to the barn door, the trey ceilings, and the glass shower with the tile wall really bring out the elegance in this home. New 25 year roof, all new electrical and plumbing. This property also have a Guest Home that has 3bedrooms 1bathroom a full kitchen and livingroom. The guest home also has a new 25year roof. (AND IS SOLD AS-IS!!!) This property is also located directly across from the high school, in a great area. Very close to the local stores, restaurants, and city hall.
See more in Analysis
John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Agent License #000093705
Annual Financial Highlights
Expected Rent
$48,906Expenses
-$14,949Property Taxes
-$980Loan Payments
-$10,873Net Cash Flow
$22,104See 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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SourceGreater Alabama MLS
MLS #21382864
Last Updated: 04/23/2024 15:04
MLS #21382864
Last Updated: 04/23/2024 15:04