3707 Mayfair Dr

Tuscaloosa, AL 35404
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4 bd, 4 ba | 2,621 sqft | Built in 1957

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List Price
$287,900

Initial Investment

$78,453

Purchase Price

$287,900

Down Payment

25%

Rent

$2,110

Total Return

$107,699

Annualized Return

19.9%

Cap Rate

6.7%

Gross Yield

8.8%

Cash Flow

$2,781

Appreciation

5.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

16,190

HOA

None

Flood Risk

Not Required

This little gem has had a facelift. Come see this 4Br/3.5Ba, 2,621sf home in Cozy Mayfair. Starting with the addition of (1) an extra large master bedroom with a spacious master bath with a soaking tub, separates shower and large closet off the bath. (2) another Br with its own full bath. (3) door to your large partially covered deck overlooking your private, fenced in yard. 2 original bedrooms, one with its own half bath are in the front of the house. The front door opens to a large den that opens to the kitchen. On the other side is a dining room or could be a cozy den. Laundry room with cabinets and 6' of butcher block countertops. Off the carport is a large storage room and the crawlspace is large enough for a lawnmower, yard tools and the screens to the windows. No Showings on Thursdays.

See more in Analysis
John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Agent License #000093705

Annual Financial Highlights

Expected Rent

$24,054

Expenses

-$4,282

Property Taxes

-$1,340

Loan Payments

-$15,652

Net Cash Flow

$2,781

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:Andrea Falls
PRITCHETT MOORE REAL ESTATE
Certified Agent Brokerage:John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Brokerage License 107531-0
SourceWest Alabama MLS
MLS #162382
Last Updated: 05/02/2024 01:05
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