1715 K C Dement Ave, Fultondale, AL

$179,000

Rent Rate: $1,400 | 9.86% ROI (leveraged)
3 Beds 2 Baths 1,657 Sq Ft Garage/Carport: N/A
Built in 1930 Lot Size: ~.18 Acres Basement: N/A
Projected Completion Date: 1/30/2025

Property Calculations

  • Purchase Price: $179,000
  • Rent Range: $1350-$1450
  • Rent Used In Calculations: $1,400
  • Annual Taxes: $1,100
  • Annual Insurance: $900
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $13,288
  • Annual Net Income (finance 20% 30yr): $3,531

Leveraged Cash-on-Cash

  • 1 Year: $3,531.11
  • 5 Year: $5,283.96
  • 15 Year: $10,456.76

Cap Rate

  • 1 Year: 7.42%
  • 5 Year: 8.36%
  • 15 Year: 11.23%

Capital Appreciation

  • 10 Year: $25,001
  • 20 Year: $68,280
  • 30 Year: $143,200