213 Blount Street, Birmingham, AL

$138,000

Rent Rate: $1,100 | 9.56% ROI (leveraged)
3 Beds 1 Baths 1,299 Sq Ft Garage/Carport: N/A
Built in 1930 Lot Size: ~.14 Acres Basement: N/A
Projected Completion Date: 5/9/2024

Property Calculations

  • Purchase Price: $138,000
  • Rent Range: $1050-$1150
  • Rent Used In Calculations: $1,100
  • Annual Taxes: $1,400
  • Annual Insurance: $451
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,161
  • Annual Net Income (finance 20% 30yr): $2,638.93

Leveraged Cash-on-Cash

  • 1 Year: $2,638.93
  • 5 Year: $3,967.71
  • 15 Year: $7,919.23

Cap Rate

  • 1 Year: 7.36%
  • 5 Year: 8.29%
  • 15 Year: 11.14%

Capital Appreciation

  • 10 Year: $19,275
  • 20 Year: $52,641
  • 30 Year: $110,400