815 Willow Springs Dr
Mobile, AL 36695
List Price
$215,000
Initial Investment
$58,588Purchase Price
$215,000
Down Payment
25%
Rent
$1,520
Total Return
$80,637
Annualized Return
19.2%
Cap Rate
6.0%
Gross Yield
8.5%
Cash Flow
$419
Appreciation
6.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
6,443
HOA
$16/mo
Flood Risk
Not Required
At current sales price, seller will be providing the buyer a brand new 2025 fortified roof at closing at seller expense! Move-in ready 3 bedroom, 2 bath home with a double garage in the heart of West Mobile. Convenient to tons of shopping, Providence Hospital, Coast Guard Base and Mobile Regional Airport, this home has several key features that most any buyer would want. The key features include the following: Fenced backyard, covered patio, double garage, tile floors with carpet in bedrooms, large walk-in closet in the primary suite, split floor plan and a renovated kitchen that is open to the living room. Come see it today! All measurements are approximate and not guaranteed, buyer to verify.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$17,328Expenses
-$3,270Property Taxes
-$1,950Loan Payments
-$11,689Net Cash Flow
$419See 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:Stephen Jager
RE/MAX Realty Professionals Ea
RE/MAX Realty Professionals Ea
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
LAH Real Estate
AL Brokerage License 100333-0
SourceGulf Coast MLS (GCMLS)
MLS #7541238
Last Updated: 03/15/2025 14:03
MLS #7541238
Last Updated: 03/15/2025 14:03