1624 Roberts Dr, Hueytown, AL

$183,500

Rent Rate: $1,450 | 9.12% ROI (leveraged)
4 Beds 2 Baths 2,284 Sq Ft Garage/Carport: 2-Car
Built in 1955 Lot Size: ~.35 Acres Basement: N/A
Projected Completion Date: 2/28/2025

Property Calculations

  • Purchase Price: $183,500
  • Rent Range: $1400-$1500
  • Rent Used In Calculations: $1,450
  • Annual Taxes: $1,503
  • Annual Insurance: $980
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $13,351
  • Annual Net Income (finance 20% 30yr): $3,349

Leveraged Cash-on-Cash

  • 1 Year: $3,348.83
  • 5 Year: $5,112.62
  • 15 Year: $10,310.85

Cap Rate

  • 1 Year: 7.28%
  • 5 Year: 8.19%
  • 15 Year: 11.01%

Capital Appreciation

  • 10 Year: $25,630
  • 20 Year: $69,997
  • 30 Year: $146,800