Zip Code 35233Birmingham, AL

🟡MODERATEaverage returns

Cap Rate

5.2%

Monthly Cash Flow

-$308

Median Home Price

$312,209

DSCR

0.81

🏠 Fair Market Rents

Studio
$1,370/mo
1 Bedroom
$1,550/mo
2 Bedroom
$1,740/mo
3 Bedroom
$2,190/mo
4 Bedroom
$2,450/mo

📊 Investment Metrics

Cap Rate
5.2%
Cash-on-Cash Return
-5.2%
Price-to-Rent Ratio
11.9
1% Rule
0.70%
Gross Rent Multiplier
11.9
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

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