2227 Cheshire Dr

Birmingham, AL 35235
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3 bd, 3 ba | 1,225 sqft | Built in 1991

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List Price
$139,900

Initial Investment

$37,333

Purchase Price

$137,000

Down Payment

25%

Rent

$1,250

Total Return

$98,942

Annualized Return

31.8%

Cap Rate

7.8%

Gross Yield

10.9%

Cash Flow

$2,509

Appreciation

10.4%
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Features

Property Type

Townhouse

Lot Size

3,323

HOA

None

Flood Risk

Not Required

Be prepared to fall in LOVE with everything this townhouse has to offer both INSIDE & OUT! Bond with family & entertain friends while enjoying NATURAL lighting and NEUTRAL colors. Cook up a feast in the kitchen with plenty of countertop space for the chef to spread out. Plenty of space for the whole family to spread out with 3 bedrooms and 2 full baths and 1 half bath. Chill out in your private, fenced in back yard. Conveniently located to restaurants, shopping, interstate access and more. This townhouse is the perfect combination of space, location & price!

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Benjamin Hedden
Bham Realty
AL Agent License #000123781

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$3,588

Property Taxes

-$705

Loan Payments

-$7,448

Net Cash Flow

$2,509

See more in Financials

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.
  • Properties listed on Roofstock are displayed from MLS data and are chosen by Roofstock for their investment potential—often as soon as it hits the market.
  • You can be represented in the purchase by a Roofstock-affiliated real estate agent who is an expert in investment properties and knows the local market.
  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
  • Upon introduction to the Roofstock-affiliated agent, you may discuss your investing strategy with the agent who will assist you in the buying process.

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:Josh Vernon
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Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #1336281
Last Updated: 11/12/2022 06:11
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