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1709 3rd St NW, Birmingham, AL 35215

3 beds • 2 baths • 1100 sqft

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This property could be a profitable Mid-Term investment with a projected 14.58% first-year return on $42,150 initial cash invested.

14.58%

Cash On Cash

12.18%

Cap Rate

2.02

DSCR

$1,905

Rent

$512

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$115k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$42,150

Downpayment

20%

$23,000

Closing costs

1%

$1,150

Rehab

0%

$0

Furnishing

16%

$18,000

Cashflow

Total Income

$1,905

Total Expenses

$1,393

Mortgage P&I

30%

$579

Property Taxes

7%

$126

Home Insurance

2%

$40

HOA

0%

$0

Property Management

12%

$229

CapEx

4%

$76

Vacancy

3%

$57

Maintenance

4%

$76

Other

11%

$210

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