1020 14th Pl SW

Birmingham, AL 35211
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3 bd, 1 ba | 1,223 sqft | Built in 1930

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List Price
$63,250

Initial Investment

$15,533

Purchase Price

$57,000

Down Payment

25%

Rent

$720

Total Return

$30,704

Annualized Return

28.0%

Cap Rate

9.4%

Gross Yield

15.2%

Cash Flow

$1,792

Appreciation

6.6%
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Features

Occupancy

Lease Start

04/01/2021

Lease End

03/31/2022

Lot Size

5,600

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$8,208

Expenses

-$2,517

Property Taxes

-$800

Loan Payments

-$3,099

Net Cash Flow

$1,792

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