3007 Shannon Dr
Tuscaloosa, AL 35404
List Price
$189,900
Initial Investment
$51,748Purchase Price
$189,900
Down Payment
25%
Rent
$1,420
Total Return
$73,685
Annualized Return
20.6%
Cap Rate
7.0%
Gross Yield
9.0%
Cash Flow
$2,333
Appreciation
5.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Charming home in great central Tuscaloosa location!! Completely updated in 2012 with ceramic tile flooring; updated kitchen with coffee bar area; addition of separate Laundry room; beautiful hardwood floors throughout! Home has been remodeled in 2012 to include plumbing and electrical; wired smoke alarms and new roof, heating/cooling and hot water heater in 2012. Large backyard with wooden privacy fence and lots of play space for children! The chicken coop and play equipment/ zip line do not remain. Fire pit seating area to remain. Convenient to shopping/dining and minutes from University of Alabama campus. Call today to view this exciting new listing!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$16,188Expenses
-$2,881Property Taxes
-$650Loan Payments
-$10,324Net Cash Flow
$2,333See 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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Certified Agent Brokerage:Benjamin Hedden
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SourceWest Alabama MLS
MLS #162097
Last Updated: 04/11/2024 00:04
MLS #162097
Last Updated: 04/11/2024 00:04