931 2nd Ave SW

Alabaster, AL 35007
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3 bd, 2 ba | 1,188 sqft | Built in 1967

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Curb View
List Price
$139,000

Initial Investment

$35,997

Purchase Price

$132,100

Down Payment

25%

Rent

$1,200

Total Return

$72,514

Annualized Return

26.5%

Cap Rate

7.6%

Gross Yield

10.9%

Cash Flow

$2,127

Appreciation

8.0%
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Features

Occupancy

Vacant

Lot Size

12,197

HOA

None

Flood Risk

Not Required

  • Large private lot
  • Fresh neutral paint, newer windows and hardwood flooring
  • 3-star neighborhood
  • Listed on MLS 8/13/2019

MARKETS

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NEIGHBORHOOD

SCHOOLS

See more in Analysis
Ben Preston
LAH Real Estate

Annual Financial Highlights

Expected Rent

$13,680

Expenses

-$3,471

Property Taxes

-$900

Loan Payments

-$7,182

Net Cash Flow

$2,127

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:Sandy Pate
Agent License 000098552
RealtySouth-Chilton/Montgomery
Certified Agent Brokerage:Ben Preston
LAH Real Estate
SourceGreater Alabama
MLS #857295
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