1024 Heflin Ave W, Birmingham, AL

$166,000

Rent Rate: $1,250 | $319 Monthly Cashflow
3 Beds 2 Baths 1,275 Sq Ft Garage/Carport: Carport
Built in 1951 Lot Size: ~.30 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $166,000
  • Rent Range: $1200-$1300
  • Rent Used In Calculations: $1,250
  • Annual Taxes: $1,029
  • Annual Insurance: $914
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,307
  • Annual Net Income (finance 25% 30yr): $3,824

Leveraged Cash-on-Cash

  • 1 Year: $3,824.23
  • 5 Year: $5,411.08
  • 15 Year: $10,189.40

Cap Rate

  • 1 Year: 7.41%
  • 5 Year: 8.34%
  • 15 Year: 11.21%

Capital Appreciation

  • 10 Year: $49,800
  • 20 Year: $99,600
  • 30 Year: $149,400