1568 Hallwood Ln
Montgomery, AL 36117
List Price
$187,500
Initial Investment
$55,456Purchase Price
$192,500
Down Payment
25%
Rent
$1,495
Total Return
$47,459
Annualized Return
13.9%
Cap Rate
6.8%
Gross Yield
9.3%
Cash Flow
$1,850
Appreciation
3.8%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
7,444
HOA
$18/mo
Flood Risk
Not Required
Charming home located in a peaceful cul-de-sac in Thorington Trace shows like new. Great first home or fully equip rental property. Living Room and Dining Combo separated by columns feature detailed crown molding, trey ceilings and a cozy fireplace. Nice size bedrooms have plenty of closet space. Master Bedroom offers a spacious room with trey ceilings and a bathroom complete with a garden tub, separate shower and double vanity. Kitchen has ample counter and cabinet space as well as stainless steel appliances that remain. Breakfast nook as well as a work station are also featured. Laundry Room has a wash sink and washer and dryer included. Screened in patio. 2 Car Garage. Partially Fenced-In Backyard. Rare find in Thorington Trace! Neighborhood pond is stocked with Bass and Brim. FRESHLY PAINTED AND READY TO GO. More Pix to come in a few days.
See more in Analysis
Michael Atkins
Harris & Atkins Real Estate LLC
AL Agent License #87309
Annual Financial Highlights
Expected Rent
$17,043Expenses
-$4,181Property Taxes
-$547Loan Payments
-$10,465Net Cash Flow
$1,850See 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:Mark Silberman
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Certified Agent Brokerage:Michael Atkins
Harris & Atkins Real Estate LLC
AL Brokerage License 94525
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AL Brokerage License 94525
SourceMontgomery Area AOR (MAAR MLS)
MLS #507168
Last Updated: 12/07/2021 17:12
MLS #507168
Last Updated: 12/07/2021 17:12