151 County Road 1019, Thorsby, AL

$219,000

Rent Rate: $1,450 | $243 Monthly Cashflow
3 Beds 2 Baths 1,801 Sq Ft Garage/Carport: 2-Car
Built in 2022 Lot Size: ~.39 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $219,000
  • Rent Range: $1400-$1500
  • Rent Used In Calculations: $1,450
  • Annual Taxes: $1,712
  • Annual Insurance: $709
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $14,109
  • Annual Net Income (finance 25% 30yr): $2,918

Leveraged Cash-on-Cash

  • 1 Year: $2,917.88
  • 5 Year: $4,737.64
  • 15 Year: $10,215.80

Cap Rate

  • 1 Year: 6.44%
  • 5 Year: 7.25%
  • 15 Year: 9.74%

Capital Appreciation

  • 10 Year: $65,700
  • 20 Year: $131,400
  • 30 Year: $197,100