1211 Jersey St
Birmingham, AL 35224
List Price
$119,500
$5.5K
Initial Investment
$32,564Purchase Price
$119,500
Down Payment
25%
Rent
$910
Total Return
$45,906
Annualized Return
19.6%
Cap Rate
6.1%
Gross Yield
9.1%
Cash Flow
$279
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
8,685
HOA
None
Flood Risk
Not Required
Seller offering $5k towards Buyer’s cost & fees/or rate buy down! • Welcome to your newly renovated home at 1211 Jersey Street. This charming residence offers a fresh start with 1,113 sqft of modern living space, including 2 cozy bedrooms and a sleek, updated bathroom. Every inch of this home has been meticulously updated to meet the needs of contemporary living. From the moment you step inside, you'll notice the brand-new LVP and tile flooring, new paint and lighting. The HVAC, plumbing and roof are also new, adding to the comfort and efficiency of the home. The interior shines with new floors and fixtures, creating a warm and inviting atmosphere. The kitchen is a highlight, featuring new appliances and ample space for culinary exploration. Adjacent to the kitchen, a new mudroom provides a practical space for organization, leading out to a new back deck that promises to be the perfect backdrop for outdoor gatherings or a peaceful cup of coffee in the morning.
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$10,374Expenses
-$2,399Property Taxes
-$1,200Loan Payments
-$6,497Net Cash Flow
$279See 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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SourceGreater Alabama MLS
MLS #21383029
Last Updated: 05/03/2024 18:05
MLS #21383029
Last Updated: 05/03/2024 18:05