2716 Circle Dr, Hueytown, AL

$168,000

Rent Rate: $1,350 | 9.41% ROI (leveraged)
3 Beds 2 Baths 1,064 Sq Ft Garage/Carport: N/A
Built in 1940 Lot Size: ~.67 Acres Basement: N/A
Projected Completion Date: 1/22/2025

Property Calculations

  • Purchase Price: $168,000
  • Rent Range: $1300-$1400
  • Rent Used In Calculations: $1,350
  • Annual Taxes: $1,525
  • Annual Insurance: $898
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,319
  • Annual Net Income (finance 20% 30yr): $3,162

Leveraged Cash-on-Cash

  • 1 Year: $3,161.70
  • 5 Year: $4,789.89
  • 15 Year: $9,586.56

Cap Rate

  • 1 Year: 7.33%
  • 5 Year: 8.25%
  • 15 Year: 11.09%

Capital Appreciation

  • 10 Year: $23,465
  • 20 Year: $64,084
  • 30 Year: $134,400