8044 6th Ave N

Birmingham, AL 35206
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3 bd, 1 ba | 1,014 sqft | Built in 1935

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List Price
$59,000

Initial Investment

$59,885

Purchase Price

$59,000

Down Payment

100%

Rent

$850

Total Return

$44,802

Annualized Return

13.8%

Cap Rate

10.8%

Gross Yield

17.3%

Cash Flow

$5,790

Appreciation

5.4%
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Features

Occupancy

Occupied

Lease Start

02/01/2020

Lease End

02/28/2021

Lot Size

7,500

HOA

None

Flood Risk

Not Required


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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$3,200

Property Taxes

-$700

Loan Payments

$0

Net Cash Flow

$5,790

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