Highly Appreciating Single Family Home in Birmingham Area

Asking $ 250,000
  • Single Family Home with 3 bedrooms and 2 bathrooms
  • Will need a new roof in the upcoming years.  Not necessary immediately, but something to keep in mind.  
  • Costs of roof replacement already included in the property analysis
  • Great location with quick access to major commuting routes, shopping and schools
  • Highly appreciating area with strong rental market
  • Property is located in the greater Birmingham area
  • Great A rated schools
  • Interior cosmetic updates will be required.  See spreadsheet notes
  • No HOA charges
  • Updated On:
  • May 9, 2024
Property Id : 66090
Price: Asking $ 250,000
Property Size: 1,466.00 ft2
Property Lot Size: 1,466.00 ft2
Rooms: 7
Bedrooms: 3
Bathrooms: 2
Year Built: 2006
Rent (mo): 1750
ROI (ann): 10.2%
Cashflow (mo): 1118
Property Taxes (mo): 200
Insurance (mo): 130
Repairs (mo): 85
Management Fee (mo): 136
Leasing Fee (ann): 510
HOA (mo): 0
Vacancy Rate (ann): 48
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 1,497.63
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 1,185.13

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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