1356 Oakland Ave

Birmingham, AL 35218
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3 bd, 1.5 ba | 1,368 sqft | Built in 1920

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List Price
$71,992

Initial Investment

$19,598

Purchase Price

$68,250

Down Payment

25%

Rent

$850

Total Return

$33,857

Annualized Return

24.9%

Cap Rate

8.9%

Gross Yield

14.9%

Cash Flow

$1,786

Appreciation

6.6%
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Features

Occupancy

Occupied

Lease Start

05/05/2020

Lease End

04/30/2021

Lot Size

7,500

HOA

None

Flood Risk

Not Required

  • Well maintained property with $1k in CapEx

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Annual Financial Highlights

Expected Rent

$9,690

Expenses

-$3,093

Property Taxes

-$1,100

Loan Payments

-$3,710

Net Cash Flow

$1,786

See more in Financials

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