1055 Oak St, Birmingham, AL

$179,500

Rent Rate: $1,425 | $372 Monthly Cashflow
4 Beds 2 Baths 1,533 Sq Ft Garage/Carport: 2-Car
Built in 1956 Lot Size: ~.60 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: 1/13/2026

Property Calculations

  • Purchase Price: $179,500
  • Rent Range: $1375-$1475
  • Rent Used In Calculations: $1,425
  • Annual Taxes: $1,661
  • Annual Insurance: $950
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,634
  • Annual Net Income (finance 25% 30yr): $4,461

Leveraged Cash-on-Cash

  • 1 Year: $4,461.37
  • 5 Year: $6,220.67
  • 15 Year: $11,514.68

Cap Rate

  • 1 Year: 7.60%
  • 5 Year: 8.55%
  • 15 Year: 11.49%

Capital Appreciation

  • 10 Year: $53,850
  • 20 Year: $107,700
  • 30 Year: $161,550