245 13th Ave NE Birmingham, AL 35215
3bd, 1ba | 1,104sqft | Built in 1970
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Initial Investment
$87,637
List Price: $84,900
Purchase Price
$84,900
Down Payment
100%
Rent
$865

Total Return
$29,919
Annualized Return
6.7%
Cap Rate
6.5%
Gross Yield
12.2%
Cash Flow
$4,903
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
06/01/2018 
Lease End
05/31/2019 
Lot Size
12,432 
HOA
None
Flood Risk
AE
  • Meets 1% rule
  • Long-term tenant has been here since 2015
  • Within 15 min of Birmingham-Shuttlesworth International Airport
  • Close to schools, shopping, and restaurants

Annual Financial Highlight
Expected Rent
$9,861
Expenses
-$3,758
Property Taxes
-$1,200
Loan Payments
$0

Net Cash Flow
$4,903
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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