1701 Avenue I
Birmingham, AL 35218
List Price
$99,900
Initial Investment
$27,223Purchase Price
$99,900
Down Payment
25%
Rent
$1,180
Total Return
$57,823
Annualized Return
30.2%
Cap Rate
10.0%
Gross Yield
14.2%
Cash Flow
$3,896
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
4,500
HOA
None
Flood Risk
Not Required
Great Investment Opportunity. This property has been renovated to include new electrical service and electrical panel, updated plumbing, new floorings throughout, new windows, new doors, new fixtures, new tubs, toilets and vanities, fresh paint and more... Property needs HVAC, water heater and your finishing touches. No utilities are on so please schedule showings in the daylight hours and let's get this one sold!
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$13,452Expenses
-$3,225Property Taxes
-$900Loan Payments
-$5,431Net Cash Flow
$3,896See 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 #21415932
Last Updated: 04/16/2025 00:04
MLS #21415932
Last Updated: 04/16/2025 00:04