759 Hopkins Dr
Birmingham, AL 35214
List Price
$130,000
Initial Investment
$35,425Purchase Price
$130,000
Down Payment
25%
Rent
$1,110
Total Return
$48,714
Annualized Return
20.3%
Cap Rate
7.3%
Gross Yield
10.2%
Cash Flow
$1,850
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
25,000
HOA
None
Flood Risk
Not Required
This property would be perfect for a first time home buyer or investor looking for a cash flow producing property. This home sits on a large lot in a quiet neighborhood.
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$12,654Expenses
-$2,537Property Taxes
-$1,200Loan Payments
-$7,067Net Cash Flow
$1,850See 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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Listing Courtesy of:Ben Davis
Spartan Realty LLC
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Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
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AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21384346
Last Updated: 05/01/2024 00:05
MLS #21384346
Last Updated: 05/01/2024 00:05