Rare Off-Market Opportunity!! [Code: 813]

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Why THIS deal??
  • ~$356/mo. cash flow once you can refi to 4.5% 
  • Cash flows at ~$130 at today’s rates of 6.875%
  • Low price point which requires smaller down payments
  • Off Market Opportunity!
After 15 Years (no mortgage)
Original purchase price$200,000
Total investment (out of pocket)$61,000
15 yrs Project house value$450,236
Value (appreciation) Gain$250,236
15 yrs cash-flow generated$45,103
Total Gain$295,339
ROI (15 yrs)484%
ROI (annually)32%
Free & Clear cash flow (yr.)$16,975
Free & Clear cash flow (m)$1,415
  • 3 bedroom, 2 bath Single Family Home 
  • Great location with quick access to major commuting routes, shopping and schools and a strong rental market
  • Off Market Opportunity
  • A/B rated schools
  • No HOA charges
  • 2-car attached garage
  • Full Disclosure: Local broker has a minority ownership in this home with a group of investors, who are looking to sell and reinvest their proceeds.  
  • New HVAC installed in 2022
  • Metal roof (long lasting and durable)
  • Rough estimate of defer maintenance is about $25k, but nothing major or that needs to be done immediately
  • Fully leased property


Why should you consider this house / what makes it a good investment?

  • Built: 1976
  • Size: 1,986 square foot home
  • Low Crime, Desirable Community, Good Schools

What’s next?

Email/text for address, analysis and to get connected to Simply Do It’s local team that handles this transaction.

Metro: Birmingham

Team: Carter  – email directly at bir1@simplydoit.net

Code: 813

Property Specifications1
 Square Feet1986
 Year Built1976
 Garage Size2
 Schools Rating (on scale of A-F)A/B


Purchase AssumptionsMy Offer
Offer used for analysis$200,000
Suggested offer (low)$200,000
Suggested offer (high)$205,000
Market Value (after improvements)$250,000
Improvements (lower)$5,500
Improvements (upper)$8,500
Closing Costs$2,000
Mortgage Costs$2,000
Other Fees At Closing$0
Total Cost$211,000


Financing Assumptions
 Down Payment (%)25%
 Down Payment Amount$50,000
 Financed Amount$150,000
 Interest Rate (5/6 ARM)6.875%
 Mortgage Term (Years)30
 Monthly Mortgage Payment$985
 Cash Outlay (Total Out of Pocket)$61,000


Financial AssumptionsMonthlyYearly
Rent (upper)$1,663$1,750$21,000
Rent (lower)$1,575$18,900
 Property Taxes$190$2,280
Variable-Cost PM8.0%
Property Management Fee$133$1,596
 Leasing Fee60%$41.6$499
 Vacancy Rate3.0%
 Total Fixed Expenses$590$7,085
 Total Expenses (Fixed + Mortgage)$1,576$18,910


Financial Analysis / Deal Attractiveness
 Cap Rate2.6%3.7%4.9%6.2%
 Net Cash Flow$7,824$22,617$45,103$76,082
 Equity Increase$63,156$141,723$239,747$362,438
 Total Gain$70,980$164,340$284,849$438,520
 Average Cash Flow/Year$1,565$2,262$3,007$3,804
 Average Cash Flow/Month$130$188$251$317
 Average Gain/Year$14,196$16,434$18,990$21,926
 Average ROI116.4%269.4%467.0%718.9%
 Annual ROI23.3%26.9%31.1%35.9%
 Projected Property Value$304,163$370,061$450,236$547,781


Property Ratings Suggestions
 Item Suggested Criteria (Min.)This PropertyFAVORABLE /
 Square Feet10001,986FAVORABLE
 Year Built19701976FAVORABLE
 Rent/Price (%)0.75%0.88%FAVORABLE
 Average Cash Flow (at year 5)$125$130FAVORABLE
 Average ROI (at year 5)15%23.3%FAVORABLE


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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice.

The analysis is provided “As Is”. All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.