1807 Exeter Ave, Bessemer, AL

$174,500

Rent Rate: $1,350 | $299 Monthly Cashflow
4 Beds 2 Baths 2,293 Sq Ft Garage/Carport: N/A
Built in 1910 Lot Size: ~.44 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 7/8/2025

Property Calculations

  • Purchase Price: $174,500
  • Rent Range: $1300-$1400
  • Rent Used In Calculations: $1,350
  • Annual Taxes: $1,196
  • Annual Insurance: $1,036
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,510
  • Annual Net Income (finance 25% 30yr): $3,593

Leveraged Cash-on-Cash

  • 1 Year: $3,592.87
  • 5 Year: $5,245.04
  • 15 Year: $10,115.64

Cap Rate

  • 1 Year: 7.17%
  • 5 Year: 8.07%
  • 15 Year: 10.84%

Capital Appreciation

  • 10 Year: $52,350
  • 20 Year: $104,700
  • 30 Year: $157,050