Call this number to submit an offer: (762) 200-1975 Great opportunity for investors! A great investor choice. Rental estimate is $695. Good opportunity for buy and hold investors looking for cash flow. WHAT’S IN IT FOR YOU? Burn down opportunity! Fixer Upper available for assignment of contract! This project has a low buy in but will yield a high cash on cash return after repairs! ! Good opportunity for buy and hold investors looking for cash flow after taking on the project and placing tenant. Estimated Cash on Cash Return Purchase price $6,500 + Repairs $10 to $15 per Sq. Ft. ($8,100 to $12,150) = $14,600 to $18,650 All in! Market rent of $695 x 12= $8,340 = Gross Annual x.6=$5,004 =Net Annual / by $14,600 to $18,650 = .27 to .34 27% to 34% Cash on Cash Return! Tell me if your bank or CD beats that ! Stop putting your money in the bank and invest in real estate ! VIDEO TOUR COMING SOON VIRTUAL TOUR https://my.matterport.com/show/?m=y8avvK5JNJt ADDITIONAL PHOTOS AND VIDEOS https://bit.ly/354lzHk PROPERTY RECORDS/APPENDIX A Status: Vacant Market rent: $695 Estimated repairs: $10 to $15 per Sq. Ft. ($8,100 to $12,150) Total Rooms: 4 Bedrooms: 2 Total Bathrooms: 1 Full Bathrooms: 1 Number of Fireplaces: 1 Heating Type Gravity Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.) Building Condition: Average Exterior Wall Type: Wood Roof Type: GABLE OR HIP Roof Cover Type: Shingle (Not Wood) Sewer Type: Municipal Water Source: Municipal Number of Stories: 1 Building Area: 810 SqFt. Living Area: 810 SqFt. Gross Area: 986 SqFt. APN: 23-00-07-4-004-013.000 Old/Alternate APN: 2300074004013000 Property Class: RESIDENTIAL Property Type: Single Family Residential Zoning: R3 County Land Use Code: 111 Census Tract: 400 Lot Width: 50 Lot Depth: 140 Lot Size: 0.161 acres Lot Area: 7,000 SqFt. School District: Birmingham City School District Block: 8 Lot Number: 3 District: 31-0000 Municipality: BIRMINGHAM Subdivision Name: BOYLES PARK E/SE Meridian: SEC 07 TWN 17S RNG 02W Legal Description: LOT 3 BLK 8 BOYLES PARK Property Tax: $725 Tax Jurisdiction Code: 31 FEMA Zone X (est.) Flood Factor flood - 1/10
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