2520 10th Ave N, Bessemer, AL

$177,000

Rent Rate: $1,400 | 9.35% ROI (leveraged)
4 Beds 3 Baths 2,700 Sq Ft Garage/Carport: N/A
Built in 1949 Lot Size: ~.21 Acres Basement: N/A
Projected Completion Date: 10/17/2024

Property Calculations

  • Purchase Price: $177,000
  • Rent Range: $1350-$1450
  • Rent Used In Calculations: $1,400
  • Annual Taxes: $1,260
  • Annual Insurance: $1,071
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,957
  • Annual Net Income (finance 20% 30yr): $3,309

Leveraged Cash-on-Cash

  • 1 Year: $3,309.13
  • 5 Year: $5,020.44
  • 15 Year: $10,065.11

Cap Rate

  • 1 Year: 7.32%
  • 5 Year: 8.24%
  • 15 Year: 11.07%

Capital Appreciation

  • 10 Year: $24,722
  • 20 Year: $67,518
  • 30 Year: $141,600