1926 Long 12th St, Bessemer, AL

$145,000

Rent Rate: $1,165 | $310 Monthly Cashflow
3 Beds 1 Baths 1,144 Sq Ft Garage/Carport: N/A
Built in 1968 Lot Size: ~.13 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $145,000
  • Rent Range: $1115-$1215
  • Rent Used In Calculations: $1,165
  • Annual Taxes: $1,258
  • Annual Insurance: $897
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,126
  • Annual Net Income (finance 25% 30yr): $3,716

Leveraged Cash-on-Cash

  • 1 Year: $3,716.35
  • 5 Year: $5,152.10
  • 15 Year: $9,472.29

Cap Rate

  • 1 Year: 7.67%
  • 5 Year: 8.64%
  • 15 Year: 11.61%

Capital Appreciation

  • 10 Year: $43,500
  • 20 Year: $87,000
  • 30 Year: $130,500