772 Meadowbrook Dr, Birmingham, AL

$156,000

Rent Rate: $1,300 | 9.57% ROI (leveraged)
3 Beds 2 Baths 1,210 Sq Ft Garage/Carport: Carport
Built in 1954 Lot Size: ~.51 Acres Basement: N/A
Projected Completion Date: 1/17/2025

Property Calculations

  • Purchase Price: $156,000
  • Rent Range: $1250-$1350
  • Rent Used In Calculations: $1,300
  • Annual Taxes: $1,850
  • Annual Insurance: $857
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,489
  • Annual Net Income (finance 20% 30yr): $2,986

Leveraged Cash-on-Cash

  • 1 Year: $2,985.79
  • 5 Year: $4,506.77
  • 15 Year: $8,981.12

Cap Rate

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

Capital Appreciation

  • 10 Year: $21,789
  • 20 Year: $59,507
  • 30 Year: $124,800