2612 18th Ave N
Birmingham, AL 35234
List Price
$224,900
$5K
Initial Investment
$61,285Purchase Price
$224,900
Down Payment
25%
Rent
$1,210
Total Return
$66,684
Annualized Return
14.9%
Cap Rate
4.3%
Gross Yield
6.5%
Cash Flow
-$3,188
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
7,000
HOA
None
Flood Risk
Not Required
Welcome to Norwood, where convenience meets charm! This fully renovated 3-bed, 2-bath home boasts a stunning main suite with a luxurious tub and shower. The huge front porch is an ideal spot to unwind, and with fresh paint, luxury vinyl plank floors, a brand-new roof, and updated electrical, this residence is a perfect blend of modern comfort and classic appeal. Walking distance to the upcoming Cross Plex adds to the allure of this must-see property.
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$13,794Expenses
-$2,455Property Taxes
-$2,300Loan Payments
-$12,227Net Cash Flow
-$3,188See 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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SourceGreater Alabama MLS
MLS #21379438
Last Updated: 04/26/2024 21:04
MLS #21379438
Last Updated: 04/26/2024 21:04