384 Glynn Dr Birmingham, AL 35215
3bd, 2ba | 1,250sqft | Built in 1957
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Open House
SELLER REVIEW
Initial Investment
$96,172
Open House Price: $93,900
Purchase Price
$93,900
Down Payment
100%
Rent
$975

Total Return
$41,319
Annualized Return
8.4%
Cap Rate
7.9%
Gross Yield
12.5%
Cash Flow
$6,849
Appreciation
2.2%
Features
Roofstock Certified
Occupancy
Occupied
Lease Start
08/01/2019 
Lease End
07/31/2020 
Lot Size
10,500 
HOA
None
Flood Risk
Not Required
  • Seller completed repairs on retaining wall and cut tree limbs from side of house post-inspection, invoice & photos included in Diligence Documents

Annual Financial Highlight
Expected Rent
$11,115
Expenses
-$2,966
Property Taxes
-$1,300
Loan Payments
$0

Net Cash Flow
$6,849
Considerations
Property Characteristics    View Details


Open House
Open House is a 48-hour period that allows you to make an offer and start negotiating early. This is a new or previously listed property on the marketplace that has been listed while the certification process is being completed. When you make an offer, the seller will respond within 24 hours of the Open House period ending.
  • Access our newest listings: Be the first to view new listings that have just hit our marketplace. These properties will be open to bidding during the 48-hour Open House period.
  • Engage sooner with sellers: Get a leg up on the competition. Open House allows you submit your bid ahead of other marketplace investors and quickly get a response.
  • Tip - Make your bid more competitive: Submitting an offer above the suggested offer price can increase your chances of being accepted by the seller, especially if there are other investors interested in the property.

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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