3116 20th St, Tuscaloosa, AL

$164,500

Rent Rate: $1,215 | 9.00% ROI (leveraged)
4 Beds 2 Baths 1,701 Sq Ft Garage/Carport: N/A
Built in 1924 Lot Size: ~.14 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 4/17/2025

Property Calculations

  • Purchase Price: $164,500
  • Rent Range: $1165-$1265
  • Rent Used In Calculations: $1,215
  • Annual Taxes: $607
  • Annual Insurance: $732
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,929
  • Annual Net Income (finance 20% 30yr): $2,962

Leveraged Cash-on-Cash

  • 1 Year: $2,962.28
  • 5 Year: $4,533.29
  • 15 Year: $9,176.10

Cap Rate

  • 1 Year: 7.25%
  • 5 Year: 8.16%
  • 15 Year: 10.97%

Capital Appreciation

  • 10 Year: $49,350
  • 20 Year: $98,700
  • 30 Year: $148,050