4224 42nd St N
Birmingham, AL 35217
List Price
$105,000
Initial Investment
$28,613Purchase Price
$105,000
Down Payment
25%
Rent
$1,320
Total Return
$56,073
Annualized Return
29.5%
Cap Rate
10.6%
Gross Yield
15.1%
Cash Flow
$4,645
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
5,100
HOA
None
Flood Risk
Not Required
UPDATED AND PRICED TO SELL at $105,000. Adorable blue bungalow that's been updated throughout. 3 bedrooms & 2 full bathrooms make this an easy yes. New paint & flooring throughout. Kitchen features granite counters, tiled backsplash and new cabinets. Interior laundry closet. Bathrooms updated with new lighting, vanity, flooring and tiled tub surround. Back deck overlooks sizeable backyard. Great opportunity to buy a move-in ready home at a fantastic price!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$15,048Expenses
-$3,745Property Taxes
-$950Loan Payments
-$5,708Net Cash Flow
$4,645See 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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SourceGreater Alabama MLS
MLS #21392680
Last Updated: 07/25/2024 04:07
MLS #21392680
Last Updated: 07/25/2024 04:07