3116 20th St, Tuscaloosa, AL

$164,500

Rent Rate: $1,215 | 10.78% 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: Complete!

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: 5%
  • Annual Net Income (cash): $12,512
  • Annual Net Income (finance 20% 30yr): $3,545

Leveraged Cash-on-Cash

  • 1 Year: $3,545.48
  • 5 Year: $5,156.87
  • 15 Year: $10,014.13

Cap Rate

  • 1 Year: 7.61%
  • 5 Year: 8.56%
  • 15 Year: 11.50%

Capital Appreciation

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