1235 18th Ave S, Birmingham, AL

$333,000

Rent Rate: $2,525 | 9.44% ROI (leveraged)
3 Beds 3 Baths 3,068 Sq Ft Garage/Carport: N/A
Built in 1919 Lot Size: ~.18 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $333,000
  • Rent Range: $2475-$2575
  • Rent Used In Calculations: $2,525
  • Annual Taxes: $3,150
  • Annual Insurance: $1,194
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $24,441
  • Annual Net Income (finance 20% 30yr): $6,290

Leveraged Cash-on-Cash

  • 1 Year: $6,289.92
  • 5 Year: $9,442.74
  • 15 Year: $18,932.71

Cap Rate

  • 1 Year: 7.34%
  • 5 Year: 8.26%
  • 15 Year: 11.10%

Capital Appreciation

  • 10 Year: $99,900
  • 20 Year: $199,800
  • 30 Year: $299,700
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