728 Gene Reed Rd
Birmingham, AL 35235
List Price
$170,000
Initial Investment
$45,535Purchase Price
$160,000
Down Payment
25%
Rent
$1,600
Total Return
$110,977
Annualized Return
29.7%
Cap Rate
7.4%
Gross Yield
12%
Cash Flow
$2,433
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Vacant
Property Type
Duplex
Lot Size
27,800
HOA
None
Flood Risk
Not Required
- Fully rebuilt duplex on a beautiful, flat lot in a great location
- The following is all 100% brand new: Electrical, Plumbing, HVAC, Roof, Gutters, Plumbing Fixtures, Electrical Fixtures and Appliances
- Also new is the exterior paint, interior paint, bathroom vanities, flooring, exterior doors, asphalt driveway, landscaping, mailboxes, deck and much more
- Close proximity to restaurants and shopping centers
See more in Analysis
Annual Financial Highlights
Expected Rent
$18,240Expenses
-$4,608Property Taxes
-$2,500Loan Payments
-$8,698Net Cash Flow
$2,433See more in Financials
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