901 Idlewood Circle, Birmingham, AL

$185,000

Rent Rate: $1,500 | 11.44% ROI (leveraged)
4 Beds 2 Baths 1,486 Sq Ft Garage/Carport: N/A
Built in 1955 Lot Size: ~.43 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $185,000
  • Rent Range: $1450-$1550
  • Rent Used In Calculations: $1,500
  • Annual Taxes: $1,865
  • Annual Insurance: $918
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $14,317
  • Annual Net Income (finance 20% 30yr): $4,233

Leveraged Cash-on-Cash

  • 1 Year: $4,233.07
  • 5 Year: $6,080.62
  • 15 Year: $11,639.88

Cap Rate

  • 1 Year: 7.74%
  • 5 Year: 8.71%
  • 15 Year: 11.71%

Capital Appreciation

  • 10 Year: $55,500
  • 20 Year: $111,000
  • 30 Year: $166,500