7124 4th Ct

by Nick Pappas on March 16, 2019

Main Photo of 7124 4th Ct a Birmingham Home for Sale
7124 4th Ct Birmingham, AL 35206East Lake Neighborhood – 20% Cap Rate 60% Ltv After Rehab Investor Special, Arv $845,000 On 13 House Portfolio! Part Of A 13 House Portfolio For Sale For $510,000, But Each House Available For Individual Purchase. When Rehabbed, Estimated Rehab On All Properties Is $60,000. Should Net An Average Of $675 Per Property Per Month After Taxes & Insurances Are Deducted. Currently Bringing In Documented Cash Flow Of $42,500 Per Year On 5 Properties, With An Upside Of 8 Additional Properties. Total Rental Expectation For All Is $105,300. We Have Investor Financing, No Income, Must Have 600+ Credit Score Or For No Credit Check And Score Then 45% Down Owner Financing For 12 Months. Cash Price Available For Investor Buying All 13. New Paint, Cabinets In, Being Renovated!
Listing Courtesy of: Re/max Realty Brokers

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