1229 15th Way SW

Birmingham, AL 35211
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3 bd, 1 ba | 1,076 sqft | Built in 1936

Sold

Exclusive

List Price
$67,900

Initial Investment

$18,554
Pre-approval letter or proof of funds required.
Features

Occupancy

Occupied

Lease Start

09/13/2019

Lease End

08/31/2020

Lot Size

7,500

HOA

None

Flood Risk

Not Required

  • Meets 1% rule
  • Seller recently made repairs on home, view inspection documents for more info
See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,063

Expenses

-$2,809

Property Taxes

-$900

Loan Payments

-$2,793

Net Cash Flow

$2,562

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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