565 Park Dr
Blountsville, AL 35031
List Price
$225,000
Initial Investment
$61,313Purchase Price
$225,000
Down Payment
25%
Rent
$930
Total Return
$65,038
Annualized Return
14.4%
Cap Rate
3.9%
Gross Yield
5.0%
Cash Flow
-$3,827
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Flood Risk
Not Required
Picture Perfect on Park Drive! This ADORABLE all brick 4 bedroom 2 bath home has been COMPLETELY renovated and is MOVE-IN ready for you! When you pull into the driveway, you will notice the outstanding curb appeal of trendy painted brick with farmhouse shutters! This home's interior is trending with the perfect color schemes making it cozy and inviting! Home features an open plan in the main area. The ENTIRE home has been completely renovated from top to bottom. The main area of the home has 3 bedrooms and 1 bath. Downstairs has a huge room that could be a bedroom or bonus room. There is a one car garage also located in the basement. Home also has a large yard, covered porch, and an open patio just off the kitchen. Home is close to town but located on a quiet street. This home is cute as a button and won't last long!
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$10,602Expenses
-$1,887Property Taxes
-$310Loan Payments
-$12,232Net Cash Flow
-$3,827See 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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SourceGreater Alabama MLS
MLS #21392835
Last Updated: 07/26/2024 17:07
MLS #21392835
Last Updated: 07/26/2024 17:07