Zip Code 35207 โ€” Birmingham, AL

๐ŸŸขSTRONGโ€” excellent cash flow market
A

Excellent

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

Cap Rate

19.5%

Monthly Cash Flow

+$628

Median Home Price

$57,645

DSCR

3.05

Fair Market Rents

Studio
$780/mo
1 Bedroom
$850/mo
2 Bedroom
$970/mo
3 Bedroom
$1,240/mo
4 Bedroom
$1,350/mo

Investment Metrics

Cap Rate
19.5%
Cash-on-Cash Return
56.9%
Price-to-Rent Ratio
3.9
1% Rule
2.15%
Gross Rent Multiplier
3.9
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†’