111 5th Ave NW, Decatur, AL

$167,000

Rent Rate: $1,200 | $332 Monthly Cashflow
2 Beds 2 Baths 1,150 Sq Ft Garage/Carport: N/A
Built in 1924 Lot Size: ~.16 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 1/22/2026

Property Calculations

  • Purchase Price: $167,000
  • Rent Range: $1150-$1250
  • Rent Used In Calculations: $1,200
  • Annual Taxes: $300
  • Annual Insurance: $862
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,518
  • Annual Net Income (finance 25% 30yr): $3,984

Leveraged Cash-on-Cash

  • 1 Year: $3,983.65
  • 5 Year: $5,595.23
  • 15 Year: $10,454.46

Cap Rate

  • 1 Year: 7.50%
  • 5 Year: 8.44%
  • 15 Year: 11.34%

Capital Appreciation

  • 10 Year: $50,100
  • 20 Year: $100,200
  • 30 Year: $150,300