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TURNKEY PROPERTY FOR SALE
236 Killough Springs Rd. Birmingham, AL 35215
EST. $392 NET MONTHLY!*
3 bedroom / 1 bathroom
1,144 sq. ft.
Built in 1956
Tenant Occupied @ $1,282/m
VIDEO: https://www.youtube.com/watch?v=cbALZzKNjNU
Cash flowing $1,282/month rent. Remodeled 3 bedroom/1 bathroom with a carport and large fenced backyard. The interior features a sunny open floor plan with a nice sized living room, dining room area, updated kitchen (including stove) and eat-in breakfast area, updated bathrooms and restored hardwood floors. New roof and HVAC. All electric and plumbing have been updated. New paint, light fixtures and finishings throughout. This is a maintenance free property. HABD Section 8 moved in on 11 July. Total rent is $1,282 (HABD pays $665 and tenant pays $617) with $1,200 tenant deposit.
SALES PRICE $127,900

*Assume an average 30-yr fixed rate of 7.25% with 20% down, gives you a PITI monthly payment of $889.67 with an estimate net income of $392.33.

236 Killough Springs Rd. Birmingham, AL 35215 STATUS: Tenant Occupied @ $1425Remodeled 3 bedroom/1 bathroom with a carport and large fenced backyard. The interior features a sunny open floor plan with a ...