5617 Park Side Rd
Hoover, AL 35244
List Price
$235,000
Initial Investment
$57,770Purchase Price
$212,000
Down Payment
25%
Rent
$1,500
Total Return
$67,961
Annualized Return
16.4%
Cap Rate
5.0%
Gross Yield
8.5%
Cash Flow
-$1,334
Appreciation
6.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
03/22/2018
Lease End
03/23/2022
Lot Size
5,680
HOA
$3/mo
Flood Risk
Not Required
- 5-star neighborhood near highly-rated schools
- No estimated immediate repair costs
- Leased through March 2022
- Built in 2016
See more in Analysis
Annual Financial Highlights
Expected Rent
$17,100Expenses
-$3,808Property Taxes
-$3,100Loan Payments
-$11,525Net Cash Flow
-$1,334See more in Financials
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