1536 17th St SW

Birmingham, AL 35211
image0

3 bd, 1 ba | 1,001 sqft | Built in 1955

slider image
slider image
slider image
List Price
$64,900

Initial Investment

$17,685

Purchase Price

$64,900

Down Payment

25%

Rent

$750

Total Return

$31,237

Annualized Return

24.8%

Cap Rate

8.3%

Gross Yield

13.9%

Cash Flow

$1,339

Appreciation

6.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

01/07/2020

Lease End

12/31/2022

Lot Size

11,830

HOA

None

Flood Risk

Not Required

  • Tenant is section 8
  • Strong cap rate
  • Below market rent rate
  • At estimated market rent rate, the cap is over 8%
  • Tenant pays for: Electric, Garbage, Gas, Landscaping, Water

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$8,550

Expenses

-$2,583

Property Taxes

-$1,100

Loan Payments

-$3,528

Net Cash Flow

$1,339

See more in Financials

Similar Listings