3134 Wenonah Rd SW

Birmingham, AL 35211
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3 bd, 1 ba | 1,101 sqft | Built in 1968

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List Price
$99,900

Initial Investment

$26,269

Purchase Price

$96,000

Down Payment

25%

Rent

$950

Total Return

$42,771

Annualized Return

22.8%

Cap Rate

7.4%

Gross Yield

11.9%

Cash Flow

$1,354

Appreciation

6.6%
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Features

Occupancy

Occupied

Lease Start

07/01/2019

Lease End

06/30/2020

Lot Size

10,800

HOA

None

Flood Risk

Not Required

  • The following are 100% brand new. Electrical, plumbing, roof, gutters, plumbing fixtures, electrical fixtures, appliances, HVAC and water heater
  • Also new are the exterior paint, interior paint, bathroom vanity, flooring, exterior doors, landscaping, freshly stained deck, mailbox and more
  • See full scope of work in the diligence vault
  • Fully rehabbed property on a beautiful lot with a full brick exterior
  • Roofstock Turnkey property
  • Free 1 year home warranty through American Home Shield paid by Seller
  • Click here to learn more about the Roofstock Turnkey program

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$2,857

Property Taxes

-$1,400

Loan Payments

-$5,219

Net Cash Flow

$1,354

See more in Financials

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