Price: $61,900
Monthly Rent(Section 8): $850
Annual Rent: $10200
Annual Taxes*: $1203
Annual Insurance*: $700
Annual Management*: $867
Net Annual Cash Flow: $7430
Annual ROI based on $61,900 Investment purchase price: 14.3 %
Features:
• HVAC is 2 yrs old (total electric-tenants love this!!)
• Roof is 3 yrs. old
• All new interior paint
• New light fixtures
• All new interior hardware (hinges and door knobs)
• Brand new carpet
• PEX plumbing
• Updated breaker panel
• Ceramic tile in kitchen and bathroom
• Large back yard (corner lot)
• 4-sided brick
Address: 1044 Martinwood Ln,Birmingham, AL 35235