8314 4th Ave N
Birmingham, AL 35206
List Price
$58,000
Initial Investment
$58,626Purchase Price
$57,000
Down Payment
100%
Rent
$769
Total Return
$37,828
Annualized Return
11.9%
Cap Rate
9.2%
Gross Yield
16.2%
Cash Flow
$4,711
Appreciation
5.4%
Reset to DefaultEdit Assumptions
Features
Occupancy
Occupied
Lease Start
04/15/2019
Lease End
03/31/2021
Lot Size
10,000
HOA
None
Flood Risk
Not Required
- Meets 1% rule with attractive cap rate
- Leased through 3/31/2021
- Close to parks, pools, shopping, and dining
- 3-bed, 1-bath single-family home
- Pet fee included in monthly rent of $40.00
See more in Analysis
Annual Financial Highlights
Expected Rent
$8,767Expenses
-$2,956Property Taxes
-$1,100Loan Payments
$0Net Cash Flow
$4,711See more in Financials
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