178 2nd St NW, Graysville, AL

$162,750

Rent Rate: $1,265 | 10.91% ROI (leveraged)
3 Beds 2 Baths 1,504 Sq Ft Garage/Carport: N/A
Built in 1948 Lot Size: ~.65 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $162,750
  • Rent Range: $1215-$1315
  • Rent Used In Calculations: $1,265
  • Annual Taxes: $1,010
  • Annual Insurance: $990
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,421
  • Annual Net Income (finance 20% 30yr): $3,550

Leveraged Cash-on-Cash

  • 1 Year: $3,549.86
  • 5 Year: $5,151.52
  • 15 Year: $9,974.14

Cap Rate

  • 1 Year: 7.63%
  • 5 Year: 8.59%
  • 15 Year: 11.54%

Capital Appreciation

  • 10 Year: $48,825
  • 20 Year: $97,650
  • 30 Year: $146,475