923 Birch St
Moody, AL 35004
List Price
$229,900
Initial Investment
$62,648Purchase Price
$229,900
Down Payment
25%
Rent
$1,360
Total Return
$86,517
Annualized Return
18.8%
Cap Rate
5.4%
Gross Yield
7.1%
Cash Flow
-$674
Appreciation
6.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
0
HOA
None
Discover your dream home in the highly desirable Moody school district with this 4-br, 3-FB home. Priced tens of thousands below market value with sweat equity! Nestled at the end of a quiet cul-de-sac, once you step inside this beautiful brick and siding home it invites you to find a family room, complete with a cozy fireplace! The separate dining room provides space for formal meals and special occasions, while the kitchen boasts plenty of cabinets. Retreat to the spacious master bedroom and a master bath with a double vanity, separate shower, and garden tub. Two additional bedrooms and another full bath on the main floor offer comfort for family members and guests. The lower level reveals a spacious den, ideal for creating a personalized retreat or entertainment space like a MAN CAVE! With an additional bedroom and full bath, this area offers endless possibilities! Abundant closet space and storage throughout the home. Park with ease in the oversized two-car garage!cf
See more in Analysis
Ben Preston
LAH Real Estate
AL Agent License #840-10
Annual Financial Highlights
Expected Rent
$15,504Expenses
-$2,760Property Taxes
-$920Loan Payments
-$12,499Net Cash Flow
-$674See 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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AL Brokerage License 100333-0
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SourceGreater Alabama MLS
MLS #21382267
Last Updated: 04/10/2024 18:04
MLS #21382267
Last Updated: 04/10/2024 18:04