819 3rd Ave SE, Decatur, AL

$188,500

Rent Rate: $1,385 | $386 Monthly Cashflow
3 Beds 2 Baths 1,232 Sq Ft Garage/Carport: Carport
Built in 1953 Lot Size: ~.16 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $188,500
  • Rent Range: $1335-$1435
  • Rent Used In Calculations: $1,385
  • Annual Taxes: $642
  • Annual Insurance: $882
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $14,265
  • Annual Net Income (finance 25% 30yr): $4,632

Leveraged Cash-on-Cash

  • 1 Year: $4,632.46
  • 5 Year: $6,469.61
  • 15 Year: $12,007.40

Cap Rate

  • 1 Year: 7.57%
  • 5 Year: 8.52%
  • 15 Year: 11.45%

Capital Appreciation

  • 10 Year: $56,550
  • 20 Year: $113,100
  • 30 Year: $169,650
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