1401 Ann St NW, Cullman, AL

$129,000

Rent Rate: $995 | 10.03% ROI (leveraged)
2 Beds 2 Baths 728 Sq Ft Garage/Carport: N/A
Built in 1945 Lot Size: ~.16 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 3/14/2025

Property Calculations

  • Purchase Price: $129,000
  • Rent Range: $945-$1045
  • Rent Used In Calculations: $995
  • Annual Taxes: $575
  • Annual Insurance: $671
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $9,619
  • Annual Net Income (finance 20% 30yr): $2,588

Leveraged Cash-on-Cash

  • 1 Year: $2,587.90
  • 5 Year: $3,855.69
  • 15 Year: $7,599.98

Cap Rate

  • 1 Year: 7.46%
  • 5 Year: 8.39%
  • 15 Year: 11.28%

Capital Appreciation

  • 10 Year: $18,018
  • 20 Year: $49,208
  • 30 Year: $103,200