Zip Code 35226Hoover, AL

🔴WEAKappreciation play only

Cap Rate

3.0%

Monthly Cash Flow

-$1,246

Median Home Price

$439,242

DSCR

0.47

🏠 Fair Market Rents

Studio
$1,310/mo
1 Bedroom
$1,480/mo
2 Bedroom
$1,660/mo
3 Bedroom
$2,090/mo
4 Bedroom
$2,340/mo

📊 Investment Metrics

Cap Rate
3.0%
Cash-on-Cash Return
-14.8%
Price-to-Rent Ratio
17.5
1% Rule
0.48%
Gross Rent Multiplier
17.5
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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