1009 Broadmoor Dr, Birmingham, AL

$162,000

Rent Rate: $1,350 | 9.51% ROI (leveraged)
3 Beds 2 Baths 1,166 Sq Ft Garage/Carport: 1-Car
Built in 1956 Lot Size: ~.40 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: 5/22/2025
Download IPD Download Market File

Property Calculations

  • Purchase Price: $162,000
  • Rent Range: $1300-$1400
  • Rent Used In Calculations: $1,350
  • Annual Taxes: $2,055
  • Annual Insurance: $774
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,913
  • Annual Net Income (finance 20% 30yr): $3,083

Leveraged Cash-on-Cash

  • 1 Year: $3,082.75
  • 5 Year: $4,659.98
  • 15 Year: $9,299.49

Cap Rate

  • 1 Year: 7.35%
  • 5 Year: 8.28%
  • 15 Year: 11.12%

Capital Appreciation

  • 10 Year: $48,600
  • 20 Year: $97,200
  • 30 Year: $145,800
Call Now