2205 Cheshire Dr

Birmingham, AL 35235
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2 bd, 2 ba | 1,192 sqft | Built in 1991

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List Price
$134,900

Initial Investment

$36,760

Purchase Price

$134,900

Down Payment

25%

Rent

$1,700

Total Return

$116,779

Annualized Return

39.0%

Cap Rate

10.7%

Gross Yield

15.1%

Cash Flow

$6,116

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Property Type

Townhouse

Lot Size

0

HOA

None

Flood Risk

Not Required

Location, Location, Location! This 2 bedroom, 2 bath townhouse is located in the heart of Grayson Valley, only walking distance & less than one mile away from Trussville Shopping, Walmart, restaurants, movies and Publix. This townhome has been updated to meet any new home buyer's needs. PLEASE SEE AGENT NOTES TO SUBMIT OFFERS.

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$19,380

Expenses

-$4,830

Property Taxes

-$1,100

Loan Payments

-$7,334

Net Cash Flow

$6,116

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.

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Listing Courtesy of:MiChelle Knight
Boss Realty by MiChelle
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21382666
Last Updated: 04/16/2024 00:04
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.