2813 19th Street, Tuscaloosa, AL

$160,000

Rent Rate: $1,200 | 9.31% ROI (leveraged)
4 Beds 2 Baths 1,238 Sq Ft Garage/Carport: N/A
Built in 1924 Lot Size: ~.18 Acres Basement: N/A
Projected Completion Date: 5/10/2024

Property Calculations

  • Purchase Price: $160,000
  • Rent Range: $1150-$1250
  • Rent Used In Calculations: $1,200
  • Annual Taxes: $720
  • Annual Insurance: $682
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,702
  • Annual Net Income (finance 20% 30yr): $2,981

Leveraged Cash-on-Cash

  • 1 Year: $2,980.76
  • 5 Year: $4,507.81
  • 15 Year: $9,057.50

Cap Rate

  • 1 Year: 7.31%
  • 5 Year: 8.23%
  • 15 Year: 11.06%

Capital Appreciation

  • 10 Year: $22,348
  • 20 Year: $61,033
  • 30 Year: $128,000