1715 K C Dement Ave, Fultondale, AL

$179,000

Rent Rate: $1,385 | 11.26% ROI (leveraged)
3 Beds 2 Baths 1,235 Sq Ft Garage/Carport: N/A
Built in 1930 Lot Size: ~.18 Acres Basement: N/A
Projected Completion Date: Completed

Property Calculations

  • Purchase Price: $179,000
  • Rent Range: $1335-$1435
  • Rent Used In Calculations: $1,385
  • Annual Taxes: $1,100
  • Annual Insurance: $900
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,789
  • Annual Net Income (finance 20% 30yr): $4,032

Leveraged Cash-on-Cash

  • 1 Year: $4,032.11
  • 5 Year: $5,809.52
  • 15 Year: $11,163.06

Cap Rate

  • 1 Year: 7.70%
  • 5 Year: 8.67%
  • 15 Year: 11.65%

Capital Appreciation

  • 10 Year: $53,700
  • 20 Year: $107,400
  • 30 Year: $161,100