1014 19th St, Tuscaloosa, AL

$163,000

Rent Rate: $1,210 | 9.40% ROI (leveraged)
3 Beds 2 Baths 970 Sq Ft Garage/Carport: N/A
Built in 1935 Lot Size: ~.73 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 5/7/2025

Property Calculations

  • Purchase Price: $163,000
  • Rent Range: $1160-$1260
  • Rent Used In Calculations: $1,210
  • Annual Taxes: $470
  • Annual Insurance: $795
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,948
  • Annual Net Income (finance 20% 30yr): $3,063

Leveraged Cash-on-Cash

  • 1 Year: $3,063.44
  • 5 Year: $4,636.58
  • 15 Year: $9,286.79

Cap Rate

  • 1 Year: 7.33%
  • 5 Year: 8.25%
  • 15 Year: 11.09%

Capital Appreciation

  • 10 Year: $48,900
  • 20 Year: $97,800
  • 30 Year: $146,700