2607 Carmel Rd
Birmingham, AL 35235
List Price
$132,000
Initial Investment
$35,300Purchase Price
$126,000
Down Payment
25%
Rent
$950
Total Return
$78,225
Annualized Return
26.5%
Cap Rate
5.9%
Gross Yield
9.0%
Cash Flow
$84
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
11/01/2020
Lease End
11/30/2025
Lot Size
19,166
HOA
None
Flood Risk
Not Required
- Leased up-to Nov 2025
- Below market rent
- New kitchen floors (2021)
- All appliances included (fridge, dishwasher, stove)
- Attached 1 car garage
- Large deck and fenced backyard
- 5-star neighborhood
- Get more insight into this market here
See more in Analysis
Annual Financial Highlights
Expected Rent
$10,830Expenses
-$2,696Property Taxes
-$1,200Loan Payments
-$6,850Net Cash Flow
$84See more in Financials
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