112 Von Dale Dr

Birmingham, AL 35215
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3 bd, 2 ba | 1,413 sqft | Built in 1969

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List Price
$109,900

Initial Investment

$28,676

Purchase Price

$101,000

Down Payment

25%

Rent

$1,076

Total Return

$47,454

Annualized Return

23.5%

Cap Rate

7.9%

Gross Yield

12.8%

Cash Flow

$1,889

Appreciation

6.7%
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Features

Occupancy

Occupied

Lease Start

05/10/2019

Lease End

04/30/2020

Lot Size

15,874

HOA

None

Flood Risk

Not Required

  • Attractive 3 bed/ 2 bath two-story home with 2-car garage
  • New 12-month lease started 5/10/2019

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Annual Financial Highlights

Expected Rent

$12,266

Expenses

-$3,386

Property Taxes

-$1,500

Loan Payments

-$5,491

Net Cash Flow

$1,889

See more in Financials

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