1623 26th Ave N, Hueytown, AL

$137,500

Rent Rate: $1,095 | 9.22% ROI (leveraged)
2 Beds 1 Baths 1,004 Sq Ft Garage/Carport: N/A
Built in 1935 Lot Size: ~.32 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 2/19/2025

Property Calculations

  • Purchase Price: $137,500
  • Rent Range: $1045-$1145
  • Rent Used In Calculations: $1,095
  • Annual Taxes: $1,115
  • Annual Insurance: $813
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,029
  • Annual Net Income (finance 20% 30yr): $2,535

Leveraged Cash-on-Cash

  • 1 Year: $2,534.59
  • 5 Year: $3,859.91
  • 15 Year: $7,764.99

Cap Rate

  • 1 Year: 7.29%
  • 5 Year: 8.21%
  • 15 Year: 11.03%

Capital Appreciation

  • 10 Year: $19,205
  • 20 Year: $52,450
  • 30 Year: $110,000