2985 Allison Mill Rd
Talladega, AL 35160
List Price
$138,175
Initial Investment
$137,025Purchase Price
$135,000
Down Payment
100%
Rent
$995
Total Return
$55,306
Annualized Return
7.7%
Cap Rate
5.9%
Gross Yield
8.8%
Cash Flow
$7,547
Appreciation
3.2%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/30/2021
Lease End
06/30/2022
Lot Size
10,199
HOA
None
Flood Risk
Not Required
- BRAND NEW CONSTRUCTION!!!
- Located in a NEWLY DEVELOPED SUBDIVISION!
- Recently executed 15 month lease, mitigating vacancy risk through 6/30/2022
- Consisting of 3 bedrooms, including a nicely appointed Master Suite, and 2 full baths, this home has a spacious floor plan with designer selections and neutral colors
- Attractive gross yield and cap rate at market rent
- Hard Surfaces throughout – keeping maintenance costs low
- Great family home in quiet neighborhood just minutes from downtown!
- Warranty included
- This is a Roofstock Reserve property, our premier collection of homes owned by Roofstock Learn more here
See more in Analysis
Annual Financial Highlights
Expected Rent
$11,343Expenses
-$2,641Property Taxes
-$1,155Loan Payments
$0Net Cash Flow
$7,547See more in Financials
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