612 Omega St S

Birmingham, AL 35205
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3 bd, 1 ba | 1,216 sqft | Built in 1940

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List Price
$89,000

Initial Investment

$22,521

Purchase Price

$80,824

Down Payment

25%

Rent

$895

Total Return

$49,967

Annualized Return

28.7%

Cap Rate

8.3%

Gross Yield

13.3%

Cash Flow

$1,706

Appreciation

8.7%
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Features

Occupancy

Occupied

Lease Start

02/15/2021

Lease End

02/28/2022

Lot Size

6,400

HOA

None

Flood Risk

Not Required

  • Seller recently made repairs on home, view inspection documents for more info
  • Less than $500 in immediate repairs needed
  • Attractive cap rate
  • Get more insight into this market here

See more in Analysis

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Annual Financial Highlights

Expected Rent

$10,203

Expenses

-$3,003

Property Taxes

-$1,100

Loan Payments

-$4,394

Net Cash Flow

$1,706

See more in Financials

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