345 Robison Dr Birmingham, AL 35215
3bd, 1.5ba | 1,227sqft | Built in 1956
Expand
Initial Investment
$92,702
List Price: $89,500
Purchase Price
$89,500
Down Payment
100%
Rent
$885

Total Return
$35,116
Annualized Return
7.4%
Cap Rate
7.3%
Gross Yield
11.9%
Cash Flow
$5,917
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
02/01/2019 
Lease End
01/31/2020 
Lot Size
14,250 
HOA
None
Flood Risk
Not Required
  • Seller to offer $1,000 credit towards repairs in closing, with qualified offer

Annual Financial Highlight
Expected Rent
$10,089
Expenses
-$2,772
Property Taxes
-$1,400
Loan Payments
$0

Net Cash Flow
$5,917
Considerations
Property Characteristics    View Details


Roofstock Exclusive
This property is listed directly from the seller and only available through the Roofstock marketplace.
  • You can avoid competition and "buy it now" at the list price.​
  • The home will have undergone a comprehensive inspection, title search and more – all of which are made available in the Diligence Documents to review.
  • Transaction will only carry an inspection contingency if the posted inspection report is more than 4 months old.
  • A Roofstock-affiliated broker represents the Seller in this transaction, but Roofstock will walk you through the 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.

BESbswy