8337 7th Ave S, Birmingham, AL

$155,000

Rent Rate: $1,210 | $293 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: $155,000
  • Rent Range: $1160-$1260
  • Rent Used In Calculations: $1,210
  • Annual Taxes: $1,534
  • Annual Insurance: $828
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,432
  • Annual Net Income (finance 25% 30yr): $3,512

Leveraged Cash-on-Cash

  • 1 Year: $3,511.50
  • 5 Year: $4,987.20
  • 15 Year: $9,426.42

Cap Rate

  • 1 Year: 7.38%
  • 5 Year: 8.30%
  • 15 Year: 11.16%

Capital Appreciation

  • 10 Year: $46,500
  • 20 Year: $93,000
  • 30 Year: $139,500