101 18th Ct S

Birmingham, AL 35205
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3 bd, 1 ba | 1,116 sqft | Built in 1951

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List Price
$169,500

Initial Investment

$46,189

Purchase Price

$169,500

Down Payment

25%

Rent

$1,110

Total Return

$82,514

Annualized Return

22.4%

Cap Rate

5.3%

Gross Yield

7.9%

Cash Flow

-$813

Appreciation

8.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

Newly update property in South Titusville. The property sits on a corner lot with a nice size backyard. Original hardwood floors are beautiful, all windows are new. Plus, nice stainless-steel appliances, and a tankless water heater. Buyers should make sure all things of importance are verified.

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

Annual Financial Highlights

Expected Rent

$12,654

Expenses

-$2,252

Property Taxes

-$2,000

Loan Payments

-$9,215

Net Cash Flow

-$813

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:Cassie Smith
RealtySouth-Homewood
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21402992
Last Updated: 11/17/2024 01:11
Disclaimer: The accuracy of this information is deemed reliable but not guaranteed or warrantied. All information should be independently verified before making purchase decisions. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The content relating to real estate for sale on this website appears courtesy of the Multiple Listing Service (MLS) listed as the “Source” on this page. Individual listings appear with the permission of the real estate brokerage identified under the “Listing Agent” on this page.