1004 Shelton St Birmingham, AL 35215
3bd, 1ba | 1,025sqft | Built in 1955
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Initial Investment
$101,913
List Price: $100,000
Purchase Price
$100,000
Down Payment
100%
Rent
$850

Market rent may range from $808 to $893


Total Return
$33,000
Annualized Return
6.3%
Cap Rate
5.6%
Gross Yield
10.2%
Cash Flow
$5,115
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
14,810 
HOA
None
Flood Risk
AE
  • The following are all 100% brand new. Electrical, plumbing, roof, gutters, plumbing fixtures, electrical fixtures, appliances, and water heater.
  • Also new is the exterior paint, interior paint, bathroom vanity, flooring, exterior doors, landscaping, freshly stained deck, mailbox and more.
  • See full scope of work in the diligence vault.
  • Fully rehabbed property on a beautiful lot.
  • Seller will purchase a 12 month home warranty at closing.

Annual Financial Highlight
Expected Rent
$9,690
Expenses
-$3,375
Property Taxes
-$1,200
Loan Payments
$0

Net Cash Flow
$5,115
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the process​.

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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