1734 Lee Ave SW

Birmingham, AL 35211
image0

3 bd, 1 ba | 1,142 sqft | Built in 1924

slider image
slider image
slider image
Sold

Select

List Price
$80,000

Initial Investment

$20,438
Pre-approval letter or proof of funds required.

Purchase Price

$75,000

Down Payment

25%

Rent

$1,021

Total Return

$45,444

Annualized Return

31.7%

Cap Rate

10.8%

Gross Yield

16.3%

Cash Flow

$3,308

Appreciation

6.6%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

-

Lease End

-

Lot Size

7,000

HOA

None

Flood Risk

Not Required

Immediate Cash Flow!! Incredible investment opportunity for anyone looking to start investing. Tenant Occupied, no showings until under contract, rented for $1,021/mo.

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Ask a Question

Annual Financial Highlights

Expected Rent

$11,639

Expenses

-$3,613

Property Taxes

-$641

Loan Payments

-$4,077

Net Cash Flow

$3,308

See 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.

Similar Listings



Listing Courtesy of:Ben Hedden
Agent License 000123781
Bham Realty - Duplicated
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #1337354
Last Updated: 10/25/2022 17:10
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.