1107 11th St SE, Cullman, AL

$154,000

Rent Rate: $1,145 | $356 Monthly Cashflow
2 Beds 2 Baths 1,008 Sq Ft Garage/Carport: N/A
Built in 1972 Lot Size: ~.20 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: 9/23/2025

Property Calculations

  • Purchase Price: $154,000
  • Rent Range: $1095-$1195
  • Rent Used In Calculations: $1,145
  • Annual Taxes: $632
  • Annual Insurance: $736
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,685
  • Annual Net Income (finance 25% 30yr): $4,271

Leveraged Cash-on-Cash

  • 1 Year: $3,815.44
  • 5 Year: $5,320.68
  • 15 Year: $9,857.01

Cap Rate

  • 1 Year: 7.59%
  • 5 Year: 8.54%
  • 15 Year: 11.48%

Capital Appreciation

  • 10 Year: $46,200
  • 20 Year: $92,400
  • 30 Year: $138,600