2406 Corona Ave, Jasper, AL

$175,000

Rent Rate: $1,300 | $352 Monthly Cashflow
4 Beds 2 Baths 1,308 Sq Ft Garage/Carport: N/A
Built in 1961 Lot Size: ~.07 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $175,000
  • Rent Range: $1250-$1350
  • Rent Used In Calculations: $1,300
  • Annual Taxes: $359
  • Annual Insurance: $1,294
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,167
  • Annual Net Income (finance 25% 30yr): $4,224

Leveraged Cash-on-Cash

  • 1 Year: $4,224.32
  • 5 Year: $5,920.79
  • 15 Year: $11,032.58

Cap Rate

  • 1 Year: 7.52%
  • 5 Year: 8.47%
  • 15 Year: 11.38%

Capital Appreciation

  • 10 Year: $52,500
  • 20 Year: $105,000
  • 30 Year: $157,500