1317 Five Mile Rd

Birmingham, AL 35215
image0

3 bd, 1 ba | 1,082 sqft | Built in 1956

slider image
slider image
slider image
Curb View
List Price
$105,900

Initial Investment

$28,068

Purchase Price

$103,000

Down Payment

25%

Rent

$950

Total Return

$45,462

Annualized Return

22.5%

Cap Rate

7.1%

Gross Yield

11.1%

Cash Flow

$1,153

Appreciation

6.7%
refreshReset to Default
Edit Assumptions
Features

Occupancy

Occupied

Lease Start

08/12/2019

Lease End

08/11/2020

Lot Size

10,890

HOA

None

Flood Risk

Not Required

  • Attractive cap rate with no immediate repair costs
  • No immediate repair costs, seller completed repairs post-inspection
  • Fully Rehabbed Property- new roof, new HVAC, new plumbing and electrical
  • Seller will purchase a 1-year home warranty at closing
  • Full basement and one car garage located in the mature rental zip code in Alabama

MARKETS

View Stats

NEIGHBORHOOD

SCHOOLS

See more in Analysis

Have a question for us?

We’re happy to help!

Ask a Question

Annual Financial Highlights

Expected Rent

$10,830

Expenses

-$2,778

Property Taxes

-$1,300

Loan Payments

-$5,600

Net Cash Flow

$1,153

See more in Financials

Similar Listings