724 Rose Dr
Birmingham, AL 35235
List Price
$219,900
Initial Investment
$59,923Purchase Price
$219,900
Down Payment
25%
Rent
$1,320
Total Return
$129,012
Annualized Return
25.2%
Cap Rate
5.0%
Gross Yield
7.2%
Cash Flow
-$1,585
Appreciation
10.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
31,916
HOA
None
Flood Risk
Not Required
Welcome to this charming 3-bedroom, 2-bath bungalow, nestled in a quiet neighborhood. This beautifully updated home features new appliances, fresh paint inside and out, and stunning hardwood floors throughout. The spacious layout includes a dedicated laundry room for added convenience. Enjoy relaxing on the large back porch overlooking a private backyard, perfect for outdoor gatherings. The finished basement, with its own private entrance, offers a fantastic opportunity for rental income or a private guest suite. Don't miss your chance to own this lovely home in a serene, family-friendly community!
See more in Analysis
Benjamin Hedden
Bham Realty
AL Agent License #000123781
Annual Financial Highlights
Expected Rent
$15,048Expenses
-$2,679Property Taxes
-$2,000Loan Payments
-$11,955Net Cash Flow
-$1,585See 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 #21392060
Last Updated: 07/25/2024 08:07
MLS #21392060
Last Updated: 07/25/2024 08:07