181 Cotton Bayou Dr, Meridianville, AL

$255,000

Rent Rate: $1,750 | $367 Monthly Cashflow
3 Beds 2 Baths 1,779 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.20 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $255,000
  • Rent Range: $1700-$1800
  • Rent Used In Calculations: $1,750
  • Annual Taxes: $2,015
  • Annual Insurance: $500
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $17,435
  • Annual Net Income (finance 25% 30yr): $4,404

Leveraged Cash-on-Cash

  • 1 Year: $4,404.24
  • 5 Year: $6,651.58
  • 15 Year: $13,420.66

Cap Rate

  • 1 Year: 6.84%
  • 5 Year: 7.70%
  • 15 Year: 10.34%

Capital Appreciation

  • 10 Year: $76,500
  • 20 Year: $153,000
  • 30 Year: $229,500
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