116 June Ave, Bessemer, AL

$159,500

Rent Rate: $1,250 | $271 Monthly Cashflow
3 Beds 1 Baths 1,054 Sq Ft Garage/Carport: N/A
Built in 1948 Lot Size: ~.18 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 7/10/2025

Property Calculations

  • Purchase Price: $159,500
  • Rent Range: $1200-$1300
  • Rent Used In Calculations: $1,250
  • Annual Taxes: $1,352
  • Annual Insurance: $897
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,401
  • Annual Net Income (finance 25% 30yr): $3,250

Leveraged Cash-on-Cash

  • 1 Year: $3,250.39
  • 5 Year: $4,757.29
  • 15 Year: $9,196.52

Cap Rate

  • 1 Year: 7.15%
  • 5 Year: 8.05%
  • 15 Year: 10.81%

Capital Appreciation

  • 10 Year: $47,850
  • 20 Year: $95,700
  • 30 Year: $143,550