10430 Pine Meadow Dr

Tuscaloosa, AL 35405
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5 bd, 3 ba | 2,564 sqft | Built in 1993

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List Price
$289,900

$10K

Initial Investment

$78,998

Purchase Price

$289,900

Down Payment

25%

Rent

$2,050

Total Return

$97,713

Annualized Return

17.9%

Cap Rate

6.1%

Gross Yield

8.5%

Cash Flow

$1,093

Appreciation

5.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

19,830

HOA

None

Flood Risk

Not Required

Welcome to 10430 Pine Meadow Lane! This spacious one-level home sits on a generous corner lot with a 2-car garage, offering ample parking and convenience. Inside, discover 5 bedrooms providing abundant space for family and guests. The large walk-in laundry room streamlines your daily routine, while a home office offers versatility for remote work or study.
Relax in the cozy ambiance of the living room featuring a fireplace, perfect for gatherings or quiet evenings. Plus, enjoy the additional space provided by the family room for relaxation or entertainment.
Outside, indulge your hobbies with a large storage shed featuring a roll-up door and power, accompanied by two more sheds in the expansive fenced-in yard.
Don't miss out on the opportunity to make this your dream home. Schedule a showing today!

See more in Analysis
Mel Priess-AL
Roofstock Realty LLC
Agent License #000141516

Annual Financial Highlights

Expected Rent

$23,370

Expenses

-$5,466

Property Taxes

-$1,050

Loan Payments

-$15,760

Net Cash Flow

$1,093

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:Mary Harmon Young
PRITCHETT MOORE REAL ESTATE
Certified Agent Brokerage:Mel Priess-AL
Roofstock Realty LLC
SourceWest Alabama MLS
MLS #161490
Last Updated: 04/08/2024 20:04
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