1958 McCutcheon Rd, Birmingham, AL

$148,000

Rent Rate: $1,150 | 9.39% ROI (leveraged)
3 Beds 2 Baths 1,050 Sq Ft Garage/Carport: Carport
Built in 1968 Lot Size: ~.20 Acres Basement: N/A
Projected Completion Date: 8/23/2024
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Property Calculations

  • Purchase Price: $148,000
  • Rent Range: $1100-$1200
  • Rent Used In Calculations: $1,150
  • Annual Taxes: $751
  • Annual Insurance: $961
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,846
  • Annual Net Income (finance 20% 30yr): $2,779

Leveraged Cash-on-Cash

  • 1 Year: $2,778.85
  • 5 Year: $4,210.02
  • 15 Year: $8,432.33

Cap Rate

  • 1 Year: 7.33%
  • 5 Year: 8.25%
  • 15 Year: 11.08%

Capital Appreciation

  • 10 Year: $20,671
  • 20 Year: $56,455
  • 30 Year: $118,400
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