Birmimghma AL - Builder's model with a 12-month leaseback for $5500/month

Guided Real Estate Investing by Simply Do It

*Builder's model with a 12-month leaseback for $5500/month*

RARE opportunity top finishes in a High End neighborhood!

Builder will also pay the HOA fee for the first year of $2200/year

Builder will pay all carrying costs minus homeowner insurance but they’ll have their own rider.

Quick Equity Exit

We project the post-street completion value to be $1,250,000 at the end of the lease period in which the investor can turn around and sell this subject for a quick equity exit.

This is the LAST basement home that will ever become available in the most desired subdivision.

There will no longer be basement homes built here, and there are slab homes being sold at the same price.

Vide link https://youtu.be/9AFbWyOgrOM

Specifications

6 Beds | 5.5 Baths | 5,347 sqft | 3 car garage | 2021 built

- 22ft ceilings in the living room, walls of windows looking out to your huge covered deck, and the finished basement has a bedroom and bathroom, huge den and kitchenette area.

Schools ratings: A

About this opportunity

- Phase one:

Hold for 1 year under the builder leaseback

Expected annual cash flow: ~$19,500

- Phase two:

Sell for ~$1,250,000 (and d1031 exchange into additional property or properties)

https://www.facebook.com/1011970346/videos/238842504814734/

------

EMAIL Simply Do It for questions: [e-mail] Check out our real estate investing class: https://www.resmarts.co/ Podcast on Spotify: https://open.spotify.com/show/5Pg307qSL9vCjYi8pGjzJD Podcast on Google: https://www.google.com/podcasts?feed=aHR0cHM6Ly9hbmNob3IuZm0vcy80M2E4MTE4L3BvZGNhc3QvcnNz Podcast on Apple: https://itunes.apple.com/us/podcast/guided-real-estate-investing-by-simply-do-it/id1106737712?mt=2 Podcast on Anchor: https://anchor.fm/simplydoit Podcast in HEBREW - Investalk US Real Estate Investing in Hebrew - השקעות נדלן בארהב Podcast on Spotify: https://open.spotify.com/show/4YXJ7dl6U2kGLyFlWLpTos Podcast on Apple: Podcast on Anchor: https://anchor.fm/simplydo