300 Norwood Ave, Bessemer, AL

$124,000

Rent Rate: $1,025 | $315 Monthly Cashflow
3 Beds 1 Baths 966 Sq Ft Garage/Carport: N/A
Built in 1955 Lot Size: ~.14 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $124,000
  • Rent Range: $975-$1075
  • Rent Used In Calculations: $1,025
  • Annual Taxes: $757
  • Annual Insurance: $811
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $10,117
  • Annual Net Income (finance 25% 30yr): $3,780

Leveraged Cash-on-Cash

  • 1 Year: $3,780.47
  • 5 Year: $5,084.86
  • 15 Year: $9,012.86

Cap Rate

  • 1 Year: 8.16%
  • 5 Year: 9.18%
  • 15 Year: 12.34%

Capital Appreciation

  • 10 Year: $37,200
  • 20 Year: $74,400
  • 30 Year: $111,600
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