932 T St
Birmingham, AL 35235
List Price
$119,000
Initial Investment
$29,948Purchase Price
$109,900
Down Payment
25%
Rent
$1,100
Total Return
$78,617
Annualized Return
31.4%
Cap Rate
7.7%
Gross Yield
12.0%
Cash Flow
$1,871
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
-
Lease End
-
Lot Size
15,682
HOA
None
Flood Risk
Not Required
- Roofstock Turnkey property
- Free 1 year home warranty through American Home Shield paid by Seller
- Click here to learn more about the Roofstock Turnkey program
- Solid tenant at $1,100 (state employed)
- 2020 kitchen rehab includes: refinished kitchen cabinets, new countertops, new durable vinyl flooring, new trim
- 2020 bathroom rehab includes: new shower/tub surround, painting, updated fixtures
- 2020 general rehab includes: interior painting, new doors, septic system cleaned and inspected on 10/06/20, new breakers and box, refinished hardwood flooring,
- 2020 exterior rehab: updated siding, stained/sealed front deck, pressure washed house
- Peaceful residential area, kid and pet friendly
- Get more insight into this market here
See more in Analysis
Annual Financial Highlights
Expected Rent
$12,540Expenses
-$3,294Property Taxes
-$1,400Loan Payments
-$5,975Net Cash Flow
$1,871See more in Financials
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