1612 Exeter Ave, Bessemer, AL

$173,500

Rent Rate: $1,365 | $357 Monthly Cashflow
4 Beds 2 Baths 1,680 Sq Ft Garage/Carport: N/A
Built in 1950 Lot Size: ~.22 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 2/12/2026

Property Calculations

  • Purchase Price: $173,500
  • Rent Range: $1315-$1415
  • Rent Used In Calculations: $1,365
  • Annual Taxes: $1,339
  • Annual Insurance: $1,077
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,145
  • Annual Net Income (finance 25% 30yr): $4,279

Leveraged Cash-on-Cash

  • 1 Year: $4,278.97
  • 5 Year: $5,974.88
  • 15 Year: $11,078.91

Cap Rate

  • 1 Year: 7.58%
  • 5 Year: 8.53%
  • 15 Year: 11.46%

Capital Appreciation

  • 10 Year: $52,050
  • 20 Year: $104,100
  • 30 Year: $156,150