6418 5th Ct S

Birmingham, AL 35212
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2 bd, 1 ba | 1,243 sqft | Built in 1940

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List Price
$140,000

Initial Investment

$38,150

Purchase Price

$140,000

Down Payment

25%

Rent

$820

Total Return

$34,873

Annualized Return

13.3%

Cap Rate

4.8%

Gross Yield

7.0%

Cash Flow

-$1,321

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

6,664

HOA

None

Flood Risk

Not Required

Open house this Sunday 2-4! This beautifully remodeled 2-bed, 1-bath gem boasts of modern comfort and style. As you step inside, you're greeted with open living space, and new everything. Cozy up in the living room with the charming fireplace, perfect for those chilly evenings. Stay comfortable year-round with the newly installed HVAC system, new roof, and new water heater ensuring optimal climate control and comfort. The heart of the home is the brand-new kitchen, designed to impress even the most discerning chef. Adorned with stunning quartz countertops and a beautiful backsplash, this kitchen is both functional and stylish. A sleek stainless hood completes the look, and with the right offer, a new stove, fridge, and parking pad will be added prior to closing, making it move-in ready. Come see this beauty for yourself and make this house your home.

See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781

Annual Financial Highlights

Expected Rent

$9,348

Expenses

-$1,757

Property Taxes

-$1,300

Loan Payments

-$7,611

Net Cash Flow

-$1,321

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.

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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Listing Courtesy of:Bertina Foster
Epique Inc
Certified Agent Brokerage:Benjamin Hedden
Bham Realty
AL Brokerage License 000136617
SourceGreater Alabama MLS
MLS #21392357
Last Updated: 07/26/2024 09:07
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