223 Pine Street SW, Bessemer, AL

$145,000

Rent Rate: $1,200 | 10.17% ROI (leveraged)
3 Beds 2 Baths 1,240 Sq Ft Garage/Carport: Carport
Built in 1968 Lot Size: ~.64 Acres Basement: N/A
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $145,000
  • Rent Range: $1100-$1200
  • Rent Used In Calculations: $1,200
  • Annual Taxes: $1,600
  • Annual Insurance: $652
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $10,852
  • Annual Net Income (finance 20% 30yr): $2,948

Leveraged Cash-on-Cash

  • 1 Year: $2,948.38
  • 5 Year: $4,368.75
  • 15 Year: $8,589.41

Cap Rate

  • 1 Year: 7.48%
  • 5 Year: 8.42%
  • 15 Year: 11.32%

Capital Appreciation

  • 10 Year: $20,252
  • 20 Year: $55,311
  • 30 Year: $116,000