7713 8th Ave S

Birmingham, AL 35206
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3 bd, 1 ba | 1,506 sqft | Built in 1930

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List Price
$160,000

Initial Investment

$43,600

Purchase Price

$160,000

Down Payment

25%

Rent

$1,020

Total Return

$38,295

Annualized Return

12.8%

Cap Rate

4.6%

Gross Yield

7.7%

Cash Flow

-$1,803

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Great home with brick exterior.

See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$11,628

Expenses

-$2,833

Property Taxes

-$1,900

Loan Payments

-$8,698

Net Cash Flow

-$1,803

See 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:Jamie Nutter
RealtySouth-OTM-Acton Rd
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21381986
Last Updated: 04/12/2024 10:04
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