4704 Terrace S

Birmingham, AL 35208
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4 bd, 1 ba | 1,532 sqft | Built in 1925

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List Price
$55,800

Initial Investment

$54,743

Purchase Price

$53,000

Down Payment

100%

Rent

$788

Total Return

$42,380

Annualized Return

14.0%

Cap Rate

10.6%

Gross Yield

17.8%

Cash Flow

$5,057

Appreciation

6.6%
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Features

Occupancy

Vacant

Lot Size

7,000

HOA

None

Flood Risk

Not Required

  • Attractive cap rate
  • Near schools, shops, and restaurants
  • HVAC unit is stored offsite and will be installed prior to close of escrow
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$8,983

Expenses

-$3,226

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$5,057

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