46 Wilkes Cir

Birmingham, AL 35228
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3 bd, 1 ba | 1,074 sqft | Built in 1952

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Sale Pending

Exclusive

List Price
$69,000

Initial Investment

$22,364
Pre-approval letter or proof of funds required.
Features

Occupancy

Month To Month

Lease Start

06/01/2019

Lease End

M/M

Lot Size

5,991

HOA

None

Flood Risk

Not Required

  • Highlights/Opportunity: Attractive cap rate
  • Location: 48th in population among the nation’s top 300 metropolitan areas. 4 Fortune 100 companies headquartered here. Along with Mercedes plant, Graybar, Regents Bank, there’s also a big banking industry, a lot of architectural, steel, logistics etc.  Consistently rated as one of America’s best places to work and earn a living based on the area’s competitive salary rates and relatively low living expenses
  • Tenant: Lease end date: 5/31/2022
See more in Analysis

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Annual Financial Highlights

Expected Rent

$9,405

Expenses

-$2,776

Property Taxes

-$600

Loan Payments

-$3,751

Net Cash Flow

$2,278

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

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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