2812 Arrowhead Dr NE

Birmingham, AL 35215
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3 bd, 1.5 ba | 1,382 sqft | Built in 1972

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List Price
$185,000

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,460

Total Return

$81,522

Annualized Return

22.4%

Cap Rate

6.9%

Gross Yield

9.5%

Cash Flow

$2,046

Appreciation

6.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

9,794

HOA

None

Flood Risk

Not Required

New Listing Priced to Sell! Spacious 3-Bedroom Home with Modern Touches! Features You'll Love: * 3 Bedrooms, 1.5 Baths - Plenty of space for comfort * Beautiful Hardwood Floors in the main areas *New LVP & New Carpet in the bedrooms *Tile flooring in the kitchen, bathrooms and downstairs rooms for easy maintenance *Updated light fixtures and paint throughout *America's Preferred Home Warranty included! Hot water heater less than 3 years old. This charming home is ready for you! Don't miss the opportunity to make it yours! Schedule a viewing today!

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NEIGHBORHOOD

SCHOOLS

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Ben Preston
LAH Real Estate
AL Agent License #840-10

Annual Financial Highlights

Expected Rent

$16,644

Expenses

-$3,041

Property Taxes

-$1,500

Loan Payments

-$10,058

Net Cash Flow

$2,046

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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

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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:Emily Stone
EXIT Realty Cahaba
Certified Agent Brokerage:Ben Preston
LAH Real Estate
AL Brokerage License 100333-0
SourceGreater Alabama MLS
MLS #21402549
Last Updated: 11/12/2024 13:11
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.