Birmingham AL, (BRRR / Flip / STR / Turnkey)

[Benjamin Hedden]

https://galmls.paragonrels.com...

-Address: 2725 Southbury Circle, Vestavia AL 35216

- Price: $125,000

- Note: A+ area, condo in need of a bit of work

- Rent: $1,500

- ROI: 18.03%

-CoCR: 10.03%

-CF: $209

-Address: 1056 Apple Street, Adamsville AL 35214

- Price: $70,000

- Note: BRRRR opportunity, havent been to the property only an estimate

- Rent: $1,150

- C area

- Repairs $30k

- ARV: $120,000

- ROI: 18.26%

-CoCR: 13.72% before refinance all equity out

-CF: $503/mo

-Address: 2007 Patton Creek Drive, Hoover AL 35226

- Price: $134,000

- Note: Turnkey

- Rent: $1,500

- B+ area

- ROI: 13.10%

-CoCR: 5.69%

-CF: $128

-Address: 508 60th Street S, Birmingham AL 35212

- Price: $160,000

- Note: B+ area, STR Possible and Long Term, Will be majorly competitive

- Repairs: $20,000

- ARV: $265k

- Rent: $1,800

- ROI: 14.51%

-CoCR: 10.66%

-CF: $462

- CoCR Short Term: 27.79%

- Short Term Rent: $3,650

- CF Short Term: $1,667/mo

-Address: 722 4th Avenue NW, Alabaster AL 35007

- Price: $165,000

- Note: Good schools B area,

- Repairs: $30,000

- ARV: $230,000

- Rent: $1,600

- ROI: 8.36%

-CoCR: 5.18%

-CF: $272 /mo

-Address: 1410 18TH STREET S, Birmingham AL 35205

- Price: $205,000

- Note: B+ Area, Very college student housing heavy

- Rent: $1,600

- ROI: 7.61%

-CoCR: 3.76%

-CF: $163 /mo

Short Term

- Rent: $2750

- CoCR: 14.28%

- CF: $797 /mo

-Address: 5145 5th Avenue S, Birmingham AL 35212

- Price: $250,000

- Note: B+ area, barely cash flows on long term, better STR

- Rent STR: $2,841

-CoCR: 8.79%

-CF: $461 /mo

-Address: 4158 Seabrook Lane, Birmingham AL 35216

- Price: $250,000

- Note: B+ Area, Very young prof heavy

- Rent: $2,000

- ROI: 9.81%

-CoCR: 5.81%

-CF: $242

Short Term

- Rent: $4,291

- CoCR: 32.59%

- CF: $1,792 /mo