1529 Foster Ave
Birmingham, AL 35214
List Price
$114,900
Initial Investment
$31,310Purchase Price
$114,900
Down Payment
25%
Rent
$1,040
Total Return
$46,107
Annualized Return
21.8%
Cap Rate
7.9%
Gross Yield
10.9%
Cash Flow
$2,210
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Lot Size
65,776
HOA
None
Flood Risk
Not Required
Great opportunity to own this home close to downtown and just a few minutes from the interstate. This 3BR house sits on a 1.5 acre lot located on a quiet culdesac. This house features a spacious living area with a fireplace that opens into a large eat-in kitchen. Original hardwood floors throughout most of the house. Relax out on the swing under the covered front porch. Many great qualities with this property offered at a good price.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$11,856Expenses
-$2,450Property Taxes
-$950Loan Payments
-$6,247Net Cash Flow
$2,210See more in Financials
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.
- Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
- You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
- Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
- Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.
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 #1348432
Last Updated: 03/17/2023 20:03
MLS #1348432
Last Updated: 03/17/2023 20:03