5287 Falling Creek Ln
Birmingham, AL 35235
List Price
$103,500
Initial Investment
$26,364Purchase Price
$96,750
Down Payment
25%
Rent
$900
Total Return
$68,379
Annualized Return
31.0%
Cap Rate
7.3%
Gross Yield
11.2%
Cash Flow
$1,490
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Property Type
Townhouse
Lot Size
6,969
HOA
$0/mo
Flood Risk
Not Required
- Corner lot town home
- Freshly painted
- Attractive 5-star neighborhood with a strong cap rate
- Conveniently located 25-minutes from downtown Birmingham
- Listed on the MLS on 3/25/19
See more in Analysis
Ben Preston
LAH Real Estate
Annual Financial Highlights
Expected Rent
$10,260Expenses
-$2,510Property Taxes
-$1,000Loan Payments
-$5,260Net Cash Flow
$1,490See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
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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LAH Real Estate
LAH Real Estate
SourceGreater Alabama
MLS #844448
MLS #844448