238 Jefferson Ave, Bessemer, AL

$131,500

Rent Rate: $1,025 | 8.54% ROI (leveraged)
3 Beds 1 Baths 1,546 Sq Ft Garage/Carport: N/A
Built in 1910 Lot Size: ~.23 Acres Basement: N/A
Projected Completion Date: Completed

Property Calculations

  • Purchase Price: $131,500
  • Rent Range: $975-$1075
  • Rent Used In Calculations: $1,025
  • Annual Taxes: $1,000
  • Annual Insurance: $779
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $9,414
  • Annual Net Income (finance 20% 30yr): $2,246

Leveraged Cash-on-Cash

  • 1 Year: $2,246.23
  • 5 Year: $3,490.07
  • 15 Year: $7,155.47

Cap Rate

  • 1 Year: 7.16%
  • 5 Year: 8.06%
  • 15 Year: 10.83%

Capital Appreciation

  • 10 Year: $18,367
  • 20 Year: $50,161
  • 30 Year: $105,200