This property is located in easily one of the nicest neighborhoods I saw around Birmingham (at least the neighborhoods that will cash flow). I’d call this an A- neighborhood. Very clean, great neighbors (met some of them), and a huge yard for this house. The house itself was great, not necessarily my favorite inside. The seller put a wall up that I probably wouldn’t have done myself, but it has granite countertops, LVP flooring, the whole sha-bang. Later on if someone wanted to improve the property too, I think there’s a lot of room to do that (like a primary homebuyer later on). All in all, one of my favorite options that I saw!
$441/month cash flow after mortgage, 12.9% cash-on-cash return, immediate equity, A-class neighborhood!
Disclaimer: All information contained in this video is deemed reliable but not guaranteed. No warranties are made as to the accuracy of any descriptions and/or other details regarding the specific property presented and I make no guarantee, warranty or representation as to the property, seller, or the current or future performance of the property.
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