3220 7th Ave N, Pell City, AL

$177,000

Rent Rate: $1,400 | 9.55% ROI (leveraged)
3 Beds 2 Baths 1,728 Sq Ft Garage/Carport: N/A
Built in 1940 Lot Size: ~.34 Acres Basement: N/A
Projected Completion Date: 1/31/2025

Property Calculations

  • Purchase Price: $177,000
  • Rent Range: $1350-$1450
  • Rent Used In Calculations: $1,400
  • Annual Taxes: $1,320
  • Annual Insurance: $938
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $13,030
  • Annual Net Income (finance 20% 30yr): $3,382

Leveraged Cash-on-Cash

  • 1 Year: $3,382.13
  • 5 Year: $5,102.60
  • 15 Year: $10,175.53

Cap Rate

  • 1 Year: 7.36%
  • 5 Year: 8.29%
  • 15 Year: 11.14%

Capital Appreciation

  • 10 Year: $24,722
  • 20 Year: $67,518
  • 30 Year: $141,600