250 County Road 1343, Vinemont, AL

$184,500

Rent Rate: $1,425 | 12.59% ROI Septic
3 Beds 2 Baths 1,460 Sq Ft Garage/Carport: N/A
Built in 1970 Lot Size: ~1.2 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $184,500
  • Rent Range: $1375-$1475
  • Rent Used In Calculations: $1,425
  • Annual Taxes: $650
  • Annual Insurance: $893
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $14,702
  • Annual Net Income (finance 20% 30yr): $4,645

Leveraged Cash-on-Cash

  • 1 Year: $4,645.32
  • 5 Year: $6,538.67
  • 15 Year: $12,246.08

Cap Rate

  • 1 Year: 7.97%
  • 5 Year: 8.97%
  • 15 Year: 12.05%

Capital Appreciation

  • 10 Year: $55,350
  • 20 Year: $110,700
  • 30 Year: $166,050