1229 15th Way SW
Birmingham, AL 35211
List Price
$67,900
Initial Investment
$18,554Purchase Price
$65,000
Down Payment
25%
Rent
$795
Total Return
$32,990
Annualized Return
25.6%
Cap Rate
9.1%
Gross Yield
14.7%
Cash Flow
$1,821
Appreciation
6.6%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
09/13/2019
Lease End
08/31/2020
Lot Size
7,500
HOA
None
Flood Risk
Not Required
- Meets 1% rule
- Seller recently made repairs on home, view inspection documents for more info
See more in Analysis
Annual Financial Highlights
Expected Rent
$9,063Expenses
-$2,809Property Taxes
-$900Loan Payments
-$3,534Net Cash Flow
$1,821See more in Financials
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