2801 24th St, Tuscaloosa, AL

$159,500

Rent Rate: $1,200 | 10.65% ROI (leveraged)
3 Beds 2 Baths 1,428 Sq Ft Garage/Carport: N/A
Built in 1935 Lot Size: ~.12 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
Download IPD Download Market File

Property Calculations

  • Purchase Price: $159,500
  • Rent Range: $1150-$1250
  • Rent Used In Calculations: $1,200
  • Annual Taxes: $575
  • Annual Insurance: $707
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,398
  • Annual Net Income (finance 20% 30yr): $4,247

Leveraged Cash-on-Cash

  • 1 Year: $4,247.39
  • 5 Year: $5,843.97
  • 15 Year: $10,656.93

Cap Rate

  • 1 Year: 7.77%
  • 5 Year: 8.75%
  • 15 Year: 11.76%

Capital Appreciation

  • 10 Year: $47,850
  • 20 Year: $95,700
  • 30 Year: $143,550
Call Now