1357 Tomahawk Rd

Birmingham, AL 35214
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2 bd, 1 ba | 1,032 sqft | Built in 1979

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List Price
$104,900

Initial Investment

$28,585

Purchase Price

$104,900

Down Payment

25%

Rent

$1,040

Total Return

$45,881

Annualized Return

23.9%

Cap Rate

8.6%

Gross Yield

11.9%

Cash Flow

$2,731

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

0

HOA

None

Flood Risk

Not Required

This home has great potential. Big corner lot. Walk into a bonus room with lots of windows. Good size living room that opens up to large eat-in kitchen. Just off of the kitchen is a big sunroom that is almost complete. Down the hall are two bedrooms and a full bathroom. Laundry area is in the one-car garage just off of the kitchen. Home has a fully fenced back yard as well as a storage building.

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NEIGHBORHOOD

SCHOOLS

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Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$11,856

Expenses

-$2,572

Property Taxes

-$850

Loan Payments

-$5,703

Net Cash Flow

$2,731

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.

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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:Jill Smith
Advanced Realty
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21402425
Last Updated: 11/10/2024 22:11
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.