904 75th St S, Birmingham, AL

$148,500

Rent Rate: $1,210 | $305 Monthly Cashflow
3 Beds 1 Baths 1,000 Sq Ft Garage/Carport: N/A
Built in 1953 Lot Size: ~.24 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $148,500
  • Rent Range: $1160-$1260
  • Rent Used In Calculations: $1,210
  • Annual Taxes: $1,618
  • Annual Insurance: $930
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,246
  • Annual Net Income (finance 25% 30yr): $3,657

Leveraged Cash-on-Cash

  • 1 Year: $3,657.50
  • 5 Year: $5,109.83
  • 15 Year: $9,476.99

Cap Rate

  • 1 Year: 7.57%
  • 5 Year: 8.52%
  • 15 Year: 11.45%

Capital Appreciation

  • 10 Year: $44,550
  • 20 Year: $89,100
  • 30 Year: $133,650