229 73rd St N, Birmingham, AL

$157,000

Rent Rate: $1,215 | $300 Monthly Cashflow
3 Beds 1 Baths 1,448 Sq Ft Garage/Carport: N/A
Built in 1910 Lot Size: ~.12 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $157,000
  • Rent Range: $1165-$1265
  • Rent Used In Calculations: $1,215
  • Annual Taxes: $1,235
  • Annual Insurance: $996
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,620
  • Annual Net Income (finance 25% 30yr): $3,597

Leveraged Cash-on-Cash

  • 1 Year: $3,597.02
  • 5 Year: $5,096.44
  • 15 Year: $9,608.39

Cap Rate

  • 1 Year: 7.40%
  • 5 Year: 8.33%
  • 15 Year: 11.19%

Capital Appreciation

  • 10 Year: $47,100
  • 20 Year: $94,200
  • 30 Year: $141,300
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