2013 Fairbank Cir Chelsea, AL 35043
3bd, 2ba | 1,552sqft | Built in 2006
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Initial Investment
$177,524
List Price: $174,900
Purchase Price
$174,900
Down Payment
100%
Rent
$1,285

Total Return
$64,976
Annualized Return
7.1%
Cap Rate
6.0%
Gross Yield
8.8%
Cash Flow
$10,193
Appreciation
2.2%
Valuation
Property Value
Valuation Data is not available
Rental Value
Valuation Data is not available
Diligence Documents
Property Valuation
NA
Inspection Report
NA
Title Report
NA
Ledger
NA
Prelim Insurance
NA
Lease Abstract
NA
Inspection Highlights

While an inspection report is not yet available, our process lets you make an offer with confidence:

  • You will be represented by a local buyer’s agent at no cost.
  • Your purchase is contingent upon a professional inspection, paid for by Roofstock.
  • Your agent will discuss the inspection report with you and, if needed, negotiate repairs or price discount on your behalf.
  • After reviewing the report, you may continue with the purchase or cancel your offer.
  • Roofstock will refund your earnest money and the marketplace fee on cancellation prior to inspection contingency termination date.

Lease and Tenant
Lease Summary
Occupancy
Vacant
Rent Payment Status
Unknown
Security Deposit
Not Applicable
Original Lease Start Date
Not Applicable
Lease End Date
Not Applicable
Lease Concessions
No

Tenant Profile
Tenant Purchase Option
Not Applicable
Section 8
Not Applicable

Expense Split
Owner is responsible for
None
Tenant is responsible for
None
Location
Birmingham
Rent change

Neighborhood    Learn More

Schools    View Details
Assigned
Not found.
Near by

2 out of 10
Chelsea Intermediate School
public  ·  Grades 4-5

8 out of 10
Chelsea Elementary School
public  ·  Grades K-5