114 Elrie Blvd, Bessemer, AL

$159,750

Rent Rate: $1,195 | $320 Monthly Cashflow
3 Beds 2 Baths 1,150 Sq Ft Garage/Carport: N/A
Built in 1959 Lot Size: ~.18 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Completed!
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Property Calculations

  • Purchase Price: $159,750
  • Rent Range: $1145-$1245
  • Rent Used In Calculations: $1,195
  • Annual Taxes: $790
  • Annual Insurance: $827
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,006
  • Annual Net Income (finance 25% 30yr): $3,843

Leveraged Cash-on-Cash

  • 1 Year: $3,842.50
  • 5 Year: $5,389.70
  • 15 Year: $10,050.83

Cap Rate

  • 1 Year: 7.52%
  • 5 Year: 8.46%
  • 15 Year: 11.37%

Capital Appreciation

  • 10 Year: $47,925
  • 20 Year: $95,850
  • 30 Year: $143,775
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