7208 Oporto Ave

Birmingham, AL 35206
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2 bd, 1 ba | 954 sqft | Built in 1935

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List Price
$58,000

Initial Investment

$58,870

Purchase Price

$58,000

Down Payment

100%

Rent

$650

Total Return

$36,913

Annualized Return

11.5%

Cap Rate

8.3%

Gross Yield

13.4%

Cash Flow

$4,349

Appreciation

5.4%
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Features

Occupancy

Unspecified

Lease Start

02/01/2020

Lease End

01/31/2022

Lot Size

7,000

HOA

None

Flood Risk

Not Required

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  • Strong cap rate
  • Fenced in backyard

MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$7,410

Expenses

-$2,161

Property Taxes

-$900

Loan Payments

$0

Net Cash Flow

$4,349

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