512 Annie Laura Dr

Birmingham, AL 35215
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3 bd, 1 ba | 924 sqft | Built in 1954

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List Price
$82,999

Initial Investment

$21,632

Purchase Price

$78,499

Down Payment

25%

Rent

$775

Total Return

$34,996

Annualized Return

22.6%

Cap Rate

7.4%

Gross Yield

11.8%

Cash Flow

$989

Appreciation

6.7%
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Features

Occupancy

Occupied

Lease Start

02/09/2019

Lease End

05/31/2022

Lot Size

9,300

HOA

None

Flood Risk

Not Required

  • Roof replaced in March 2021
  • Seller recently made repairs on home, view inspection documents for more info
  • Get more insight into this market here

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$8,835

Expenses

-$2,478

Property Taxes

-$1,100

Loan Payments

-$4,268

Net Cash Flow

$989

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