1212 Haven Dr, Forestdale, AL

$159,000

Rent Rate: $1,270 | 9.38% ROI (leveraged)
3 Beds 2 Baths 1,650 Sq Ft Garage/Carport: N/A
Built in 1938 Lot Size: ~.54 Acres Basement: N/A
Projected Completion Date: 2/20/2025

Property Calculations

  • Purchase Price: $159,000
  • Rent Range: $1220-$1320
  • Rent Used In Calculations: $1,270
  • Annual Taxes: $1,200
  • Annual Insurance: $1,018
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,650
  • Annual Net Income (finance 20% 30yr): $2,984

Leveraged Cash-on-Cash

  • 1 Year: $2,983.67
  • 5 Year: $4,523.08
  • 15 Year: $9,059.28

Cap Rate

  • 1 Year: 7.33%
  • 5 Year: 8.25%
  • 15 Year: 11.08%

Capital Appreciation

  • 10 Year: $22,208
  • 20 Year: $60,651
  • 30 Year: $127,200