757 Forest Lakes Dr
Sterrett, AL 35147
List Price
$260,000
Initial Investment
$70,850Purchase Price
$260,000
Down Payment
25%
Rent
$1,730
Total Return
$96,172
Annualized Return
18.7%
Cap Rate
5.6%
Gross Yield
8.0%
Cash Flow
-$453
Appreciation
6.7%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,200
HOA
$15/mo
Flood Risk
Not Required
This well appointed home is a must see! It features one level living with a large living room with vaulted ceiling, dining room overlooking the large level yard, kitchen with eating area. The master bedroom is spacious and features tray ceiling and large master bath with separate shower and soaking tub. The two guest rooms have great natural light. The home has a 2 car garage, covered back patio, and fenced yard.
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$19,722Expenses
-$3,691Property Taxes
-$2,350Loan Payments
-$14,135Net Cash Flow
-$453See 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 #21401201
Last Updated: 11/05/2024 16:11
MLS #21401201
Last Updated: 11/05/2024 16:11