7215 Trestle Pl
Northport, AL 35473
List Price
$315,000
Initial Investment
$85,838Purchase Price
$315,000
Down Payment
25%
Rent
$2,460
Total Return
$138,889
Annualized Return
22.9%
Cap Rate
7.1%
Gross Yield
9.4%
Cash Flow
$5,014
Appreciation
6.3%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
$29/mo
Flood Risk
Not Required
Spacious, spacious, 5 bedroom, 3 bath two level home with guest bedroom downstairs. Open floor plan with kitchen island bar and breakfast nook that overlooks large, level back yard and patio. Pretty granite counter, stainless appliances, and walk-in pantry. The second level has 4 bedrooms and a nice size loft. Primary suite has a luxurious garden tub, separate shower, and a large walk-in closet. Well-maintained and shows like a new home. Termite Bond with Wayne's Pest Control.
See more in Analysis
Mel Priess-AL
Roofstock Realty LLC
Agent License #000141516
Annual Financial Highlights
Expected Rent
$28,044Expenses
-$4,605Property Taxes
-$1,300Loan Payments
-$17,125Net Cash Flow
$5,014See 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.
Similar Listings
Listing Courtesy of:Phyllis Olive
RE/MAX PREMIERE GROUP
RE/MAX PREMIERE GROUP
Certified Agent Brokerage:Mel Priess-AL
Roofstock Realty LLC
Roofstock Realty LLC
SourceWest Alabama MLS
MLS #162336
Last Updated: 05/02/2024 20:05
MLS #162336
Last Updated: 05/02/2024 20:05