1312 Five Mile Rd, Birmingham, AL

$185,000

Rent Rate: $1,450 | $320 Monthly Cashflow
3 Beds 2 Baths 1,600 Sq Ft Garage/Carport: N/A
Built in 1963 Lot Size: ~.32 Acres Basement: Combo Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $185,000
  • Rent Range: $1400-$1500
  • Rent Used In Calculations: $1,450
  • Annual Taxes: $2,206
  • Annual Insurance: $1,035
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,289
  • Annual Net Income (finance 25% 30yr): $3,835

Leveraged Cash-on-Cash

  • 1 Year: $3,835.31
  • 5 Year: $5,552.16
  • 15 Year: $10,712.92

Cap Rate

  • 1 Year: 7.18%
  • 5 Year: 8.08%
  • 15 Year: 10.87%

Capital Appreciation

  • 10 Year: $55,500
  • 20 Year: $111,000
  • 30 Year: $166,500
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