2608 11th Ave N, Bessemer, AL

$156,900

Rent Rate: $1,225 | $319 Monthly Cashflow
4 Beds 2 Baths 1,280 Sq Ft Garage/Carport: N/A
Built in 1981 Lot Size: ~.11 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $156,900
  • Rent Range: $1175-$1275
  • Rent Used In Calculations: $1,225
  • Annual Taxes: $1,215
  • Annual Insurance: $902
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,848
  • Annual Net Income (finance 25% 30yr): $3,830

Leveraged Cash-on-Cash

  • 1 Year: $3,830.38
  • 5 Year: $5,358.79
  • 15 Year: $9,959.20

Cap Rate

  • 1 Year: 7.55%
  • 5 Year: 8.50%
  • 15 Year: 11.42%

Capital Appreciation

  • 10 Year: $47,070
  • 20 Year: $94,140
  • 30 Year: $141,210