1121 Roebuck Lawn Dr

Birmingham, AL 35215
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3 bd, 1.5 ba | 1,098 sqft | Built in 1957

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List Price
$108,000

$6.9K

Initial Investment

$29,430

Purchase Price

$108,000

Down Payment

25%

Rent

$1,120

Total Return

$52,111

Annualized Return

24.7%

Cap Rate

7.9%

Gross Yield

12.4%

Cash Flow

$2,045

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

New electric panels have been updated along with dry outlet and oven outlets Home has central heat/ no central air (gas heat) Hardwood under the carpet Water heater electric

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$12,768

Expenses

-$3,451

Property Taxes

-$1,400

Loan Payments

-$5,871

Net Cash Flow

$2,045

See 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.

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Listing Courtesy of:Jason Garrison
ERA King - Birmingham
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21379631
Last Updated: 04/22/2024 17:04
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