8337 7th Ave S, Birmingham, AL

$160,000

Rent Rate: $1,275 | $320 Monthly Cashflow
3 Beds 2 Baths 1,150 Sq Ft Garage/Carport: N/A
Built in 1947 Lot Size: ~.17 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $160,000
  • Rent Range: $1225-$1325
  • Rent Used In Calculations: $1,275
  • Annual Taxes: $1,534
  • Annual Insurance: $983
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,018
  • Annual Net Income (finance 25% 30yr): $3,842

Leveraged Cash-on-Cash

  • 1 Year: $3,841.84
  • 5 Year: $5,393.25
  • 15 Year: $10,060.00

Cap Rate

  • 1 Year: 7.51%
  • 5 Year: 8.45%
  • 15 Year: 11.36%

Capital Appreciation

  • 10 Year: $48,000
  • 20 Year: $96,000
  • 30 Year: $144,000