1812 26th Avenue, Tuscaloosa, AL

$138,500

Rent Rate: $1,050 | 9.41% ROI (leveraged)
3 Beds 2 Baths 1,166 Sq Ft Garage/Carport: N/A
Built in 1920 Lot Size: ~.12 Acres Basement: N/A
Projected Completion Date: 5/29/2024

Property Calculations

  • Purchase Price: $138,500
  • Rent Range: $1000-$1100
  • Rent Used In Calculations: $1,050
  • Annual Taxes: $700
  • Annual Insurance: $609
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,157
  • Annual Net Income (finance 20% 30yr): $2,608

Leveraged Cash-on-Cash

  • 1 Year: $2,607.68
  • 5 Year: $3,933.52
  • 15 Year: $7,882.66

Cap Rate

  • 1 Year: 7.33%
  • 5 Year: 8.25%
  • 15 Year: 11.09%

Capital Appreciation

  • 10 Year: $19,345
  • 20 Year: $52,832
  • 30 Year: $110,800