2363 Florida Rd, Pell City, AL

$153,000

Rent Rate: $1,200 | 9.85% ROI (leveraged)
3 Beds 1 Baths 1,344 Sq Ft Garage/Carport: N/A
Built in 1950 Lot Size: ~1.5 Acres Basement: N/A
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $153,000
  • Rent Range: $1150-$1250
  • Rent Used In Calculations: $1,200
  • Annual Taxes: $925
  • Annual Insurance: $824
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,355
  • Annual Net Income (finance 20% 30yr): $3,015

Leveraged Cash-on-Cash

  • 1 Year: $3,015.32
  • 5 Year: $4,513.40
  • 15 Year: $8,933.79

Cap Rate

  • 1 Year: 7.42%
  • 5 Year: 8.35%
  • 15 Year: 11.23%

Capital Appreciation

  • 10 Year: $21,370
  • 20 Year: $58,363
  • 30 Year: $122,400