2804 Forestdale Blvd, Adamsville, AL

$146,000

Rent Rate: $1,150 | 10.16% ROI (leveraged)
3 Beds 1 Baths 1,288 Sq Ft Garage/Carport: N/A
Built in 1922 Lot Size: ~.76 Acres Basement: N/A
Projected Completion Date: 11/12/2024

Property Calculations

  • Purchase Price: $146,000
  • Rent Range: $1100-$1200
  • Rent Used In Calculations: $1,150
  • Annual Taxes: $700
  • Annual Insurance: $932
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,926
  • Annual Net Income (finance 20% 30yr): $2,968

Leveraged Cash-on-Cash

  • 1 Year: $2,967.87
  • 5 Year: $4,409.07
  • 15 Year: $8,662.36

Cap Rate

  • 1 Year: 7.48%
  • 5 Year: 8.42%
  • 15 Year: 11.32%

Capital Appreciation

  • 10 Year: $20,392
  • 20 Year: $55,692
  • 30 Year: $116,800