7112 2nd Ave N
Birmingham, AL 35206
List Price
$122,000
$8K
Initial Investment
$33,245Purchase Price
$122,000
Down Payment
25%
Rent
$940
Total Return
$37,692
Annualized Return
16.6%
Cap Rate
6.1%
Gross Yield
9.2%
Cash Flow
$225
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,000
HOA
None
Flood Risk
Not Required
Nestled in East Lake, this renovated 3-bedroom, 2-bathroom abode exudes charm. Step inside to discover a spacious living area adorned with hardwood floors and abundant natural light! The kitchen boasts modern aesthetics and sleek countertops. Retreat to the serene bedrooms or luxuriate in the updated full bathrooms. The outdoor space beckons with a lush backyard and a front porch for entertaining. Don't wait to call this place home!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$10,716Expenses
-$2,659Property Taxes
-$1,200Loan Payments
-$6,633Net Cash Flow
$225See 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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SourceGreater Alabama MLS
MLS #21380948
Last Updated: 04/19/2024 15:04
MLS #21380948
Last Updated: 04/19/2024 15:04