921 Charles Ct

Birmingham, AL 35215
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4 bd, 2 ba | 1,525 sqft | Built in 1955

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List Price
$89,900

Initial Investment

$89,490

Purchase Price

$88,000

Down Payment

100%

Rent

$900

Total Return

$59,627

Annualized Return

11.9%

Cap Rate

7.4%

Gross Yield

12.3%

Cash Flow

$5,940

Appreciation

6.7%
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Features

Occupancy

Occupied

Lease Start

06/07/2019

Lease End

06/30/2021

Lot Size

24,000

HOA

None

Flood Risk

Not Required

  • Tenant provided their own appliances
  • Newly upgraded
  • Deck great for outdoor living and entertaining
  • Qualifies for 1% rule

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Annual Financial Highlights

Expected Rent

$10,260

Expenses

-$3,020

Property Taxes

-$1,300

Loan Payments

$0

Net Cash Flow

$5,940

See more in Financials

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