1115 Shady Lane Cir

Talladega, AL 35160
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3 bd, 2 ba | 2,592 sqft | Built in 1977

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List Price
$274,900

Initial Investment

$74,910

Purchase Price

$274,900

Down Payment

25%

Rent

$2,700

Total Return

$88,831

Annualized Return

19.7%

Cap Rate

8.7%

Gross Yield

11.8%

Cash Flow

$7,739

Appreciation

3.2%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Check out this beautiful home in the well established Dellwood neighborhood! This home has been freshly painted, has new flooring, updated kitchen, and been "cleaned up" from top to bottom! The large fenced yard backs up to woods, and at one time was beautifully landscaped! The carport and back covered patio are brick, so maintenance is easy! This one level home has been very well maintained, has several extra closets for storage, and it's ready for you to make it yours! Don't wait! Schedule your appointment today!

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$30,780

Expenses

-$6,336

Property Taxes

-$1,760

Loan Payments

-$14,945

Net Cash Flow

$7,739

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:Julie Watson
Keller Williams Metro South
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21401731
Last Updated: 11/05/2024 20:11
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