1822 Short 18th St N, Bessemer, AL

$146,000

Rent Rate: $1,175 | $407 Monthly Cashflow
3 Beds 2 Baths 1,100 Sq Ft Garage/Carport: N/A
Built in 1949 Lot Size: ~.14 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 1/29/2026

Property Calculations

  • Purchase Price: $146,000
  • Rent Range: $1125-$1225
  • Rent Used In Calculations: $1,175
  • Annual Taxes: $250
  • Annual Insurance: $798
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,347
  • Annual Net Income (finance 25% 30yr): $4,886

Leveraged Cash-on-Cash

  • 1 Year: $4,886.25
  • 5 Year: $6,475.58
  • 15 Year: $11,268.52

Cap Rate

  • 1 Year: 8.46%
  • 5 Year: 9.52%
  • 15 Year: 12.79%

Capital Appreciation

  • 10 Year: $43,800
  • 20 Year: $87,600
  • 30 Year: $131,400