708 Falmouth St, Birmingham, AL

$131,500

Rent Rate: $1,010 | 9.10% ROI (leveraged)
3 Beds 2 Baths 1,078 Sq Ft Garage/Carport: N/A
Built in 1925 Lot Size: ~.24 Acres Basement: N/A
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $131,500
  • Rent Range: $960-$1060
  • Rent Used In Calculations: $1,010
  • Annual Taxes: $660
  • Annual Insurance: $809
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $9,560
  • Annual Net Income (finance 20% 30yr): $2,392

Leveraged Cash-on-Cash

  • 1 Year: $2,392.43
  • 5 Year: $3,653.71
  • 15 Year: $7,375.39

Cap Rate

  • 1 Year: 7.27%
  • 5 Year: 8.18%
  • 15 Year: 11.00%

Capital Appreciation

  • 10 Year: $18,367
  • 20 Year: $50,161
  • 30 Year: $105,200