8113 10th Ave S, Birmingham, AL

$136,500

Rent Rate: $1,125 | 11.28% ROI (leveraged)
3 Beds 1 Baths 1,032 Sq Ft Garage/Carport: N/A
Built in 1952 Lot Size: ~.23 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $136,500
  • Rent Range: $1075-$1175
  • Rent Used In Calculations: $1,125
  • Annual Taxes: $1,400
  • Annual Insurance: $904
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $10,521
  • Annual Net Income (finance 20% 30yr): $3,081

Leveraged Cash-on-Cash

  • 1 Year: $3,080.69
  • 5 Year: $4,439.16
  • 15 Year: $8,524.70

Cap Rate

  • 1 Year: 7.71%
  • 5 Year: 8.68%
  • 15 Year: 11.66%

Capital Appreciation

  • 10 Year: $40,950
  • 20 Year: $81,900
  • 30 Year: $122,850