1517 Brunner St NW, Cullman, AL

$177,000

Rent Rate: $1,325 | 9.26% ROI (leveraged)
3 Beds 2 Baths 1,232 Sq Ft Garage/Carport: 1-Car
Built in 1950 Lot Size: ~.20 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 3/13/2025

Property Calculations

  • Purchase Price: $177,000
  • Rent Range: $1275-$1375
  • Rent Used In Calculations: $1,325
  • Annual Taxes: $675
  • Annual Insurance: $867
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,927
  • Annual Net Income (finance 20% 30yr): $3,279

Leveraged Cash-on-Cash

  • 1 Year: $3,279.13
  • 5 Year: $4,982.11
  • 15 Year: $10,013.60

Cap Rate

  • 1 Year: 7.30%
  • 5 Year: 8.22%
  • 15 Year: 11.05%

Capital Appreciation

  • 10 Year: $24,722
  • 20 Year: $67,518
  • 30 Year: $141,600