Zip Code 35130 โ€” Birmingham, AL

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

Strong cash flow + low risk ยท Score: 84/100

Cap Rate

11.9%

Monthly Cash Flow

+$468

Median Home Price

$100,897

DSCR

1.87

Fair Market Rents

Studio
$880/mo
1 Bedroom
$990/mo
2 Bedroom
$1,110/mo
3 Bedroom
$1,400/mo
4 Bedroom
$1,570/mo

Investment Metrics

Cap Rate
11.9%
Cash-on-Cash Return
24.2%
Price-to-Rent Ratio
6.0
1% Rule
1.39%
Gross Rent Multiplier
6.0
Vacancy Rate
8.0%

Assumptions Used

20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator โ†’