7029 2nd Ave S

Birmingham, AL 35206
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3 bd, 1 ba | 1,800 sqft | Built in 1931

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List Price
$80,000

Initial Investment

$20,438

Purchase Price

$75,000

Down Payment

25%

Rent

$896

Total Return

$33,643

Annualized Return

24.5%

Cap Rate

9.1%

Gross Yield

14.3%

Cash Flow

$2,110

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

12/08/2014

Lease End

12/31/2015

Lot Size

8,250

HOA

None

Flood Risk

Not Required

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$10,214

Expenses

-$3,027

Property Taxes

-$1,000

Loan Payments

-$4,077

Net Cash Flow

$2,110

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