2422 Cullman Rd, Arab, AL

$181,500

Rent Rate: $1,375 | $358 Monthly Cashflow
3 Beds 2 Baths 1,275 Sq Ft Garage/Carport: 2-Car
Built in 1954 Lot Size: ~4.8 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $181,500
  • Rent Range: $1325-$1425
  • Rent Used In Calculations: $1,375
  • Annual Taxes: $1,175
  • Annual Insurance: $931
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,569
  • Annual Net Income (finance 25% 30yr): $4,294

Leveraged Cash-on-Cash

  • 1 Year: $4,294.17
  • 5 Year: $6,043.62
  • 15 Year: $11,311.89

Cap Rate

  • 1 Year: 7.48%
  • 5 Year: 8.41%
  • 15 Year: 11.31%

Capital Appreciation

  • 10 Year: $54,450
  • 20 Year: $108,900
  • 30 Year: $163,350
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