282 8th St NE, Graysville, AL

$178,000

Rent Rate: $1,380 | 10.45% ROI (leveraged)
4 Beds 2.5 Baths 1,500 Sq Ft Garage/Carport: N/A
Built in 1952 Lot Size: ~.25 Acres Basement: N/A
Projected Completion Date: 2/7/2025

Property Calculations

  • Purchase Price: $178,000
  • Rent Range: $1330-$1430
  • Rent Used In Calculations: $1,380
  • Annual Taxes: $585
  • Annual Insurance: $1,061
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $13,424
  • Annual Net Income (finance 20% 30yr): $3,721

Leveraged Cash-on-Cash

  • 1 Year: $3,721.22
  • 5 Year: $5,489.87
  • 15 Year: $10,714.74

Cap Rate

  • 1 Year: 7.54%
  • 5 Year: 8.49%
  • 15 Year: 11.41%

Capital Appreciation

  • 10 Year: $24,862
  • 20 Year: $67,899
  • 30 Year: $142,400