1401 60th St W

Birmingham, AL 35228
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3 bd, 1 ba | 983 sqft | Built in 1948

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List Price
$61,000

Initial Investment

$15,260

Purchase Price

$56,000

Down Payment

25%

Rent

$750

Total Return

$25,955

Annualized Return

25.4%

Cap Rate

9.4%

Gross Yield

16.1%

Cash Flow

$1,733

Appreciation

5.4%
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Features

Occupancy

Lease Start

04/21/2014

Lease End

03/31/2022

Lot Size

10,355

HOA

None

Flood Risk

Not Required

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Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,673

Property Taxes

-$1,100

Loan Payments

-$3,044

Net Cash Flow

$1,733

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