712 Oakland Dr
Fairfield, AL 35064
List Price
$89,000
Initial Investment
$23,163Purchase Price
$85,000
Down Payment
25%
Rent
$895
Total Return
$39,397
Annualized Return
23.9%
Cap Rate
7.9%
Gross Yield
12.6%
Cash Flow
$1,468
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Lot Size
5,227
HOA
None
Flood Risk
Not Required
- Seller claims move-in-ready
- Attractive cap rate in a strong 3-star neighborhood
- Well maintained home boasts hardwood floors throughout
- Conveniently located 15 minutes from downtown Birmingham
- Listed on the MLS on 5.10.19
See more in Analysis
Ben Preston
LAH Real Estate
Annual Financial Highlights
Expected Rent
$10,203Expenses
-$3,013Property Taxes
-$1,100Loan Payments
-$4,621Net Cash Flow
$1,468See 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.
Similar Listings
Listing Courtesy of:Ed Harris
Avast Realty- Birmingham
Avast Realty- Birmingham
Certified Agent Brokerage:Ben Preston
LAH Real Estate
LAH Real Estate
SourceGreater Alabama
MLS #848042
MLS #848042