928 Nelson Pl Birmingham, AL 35215
3bd, 2ba | 1,247sqft | Built in 1954
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Initial Investment
$88,218
List Price: $85,000
Purchase Price
$85,000
Down Payment
100%
Rent
$925

Total Return
$35,963
Annualized Return
8.0%
Cap Rate
8.0%
Gross Yield
13.1%
Cash Flow
$6,143
Appreciation
2.2%
Features
Occupancy
Vacant
Guaranteed Rent
Yes
Lot Size
14,596 
HOA
None
Flood Risk
Not Required
  • Attractive cap rate
  • Easy access to Roebuck Parkway and I-59
  • Elementary, middle, and high schools all within 2 miles

Annual Financial Highlight
Expected Rent
$10,545
Expenses
-$3,002
Property Taxes
-$1,400
Loan Payments
$0

Net Cash Flow
$6,143
Considerations
Property Characteristics    View Details

Roofstock Guarantee
Our industry-leading guarantee allows you to invest with total confidence, regardless of whether the home is leased or vacant.
  • All properties come with our 30-day money back guarantee
  • Enjoy guaranteed rent on vacant, rent-ready properties starting 45 days after closing. Plus, you will also pay no monthly management fees until your property is leased.
  • This offer applies to all single-family properties and excludes duplexes, triplexes and fourplexes.

Property Management   

Why choose?

From repairs and maintenance to communicating with tenants, our certified property management teams protect your assets and keep things running smoothly.

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