114 Ave Z, Birmingham, AL

$140,000

Rent Rate: $1,100 | $256 Monthly Cashflow
3 Beds 1 Baths 1,519 Sq Ft Garage/Carport: N/A
Built in 1920 Lot Size: ~.17 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $140,000
  • Rent Range: $1050-$1150
  • Rent Used In Calculations: $1,100
  • Annual Taxes: $1,375
  • Annual Insurance: $939
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $10,226
  • Annual Net Income (finance 25% 30yr): $3,072

Leveraged Cash-on-Cash

  • 1 Year: $3,071.86
  • 5 Year: $4,392.45
  • 15 Year: $8,363.52

Cap Rate

  • 1 Year: 7.30%
  • 5 Year: 8.22%
  • 15 Year: 11.05%

Capital Appreciation

  • 10 Year: $42,000
  • 20 Year: $84,000
  • 30 Year: $126,000