34 Barber St, Parrish, AL

$128,000

Rent Rate: $1,025 | 11.82% ROI (leveraged)
3 Beds 3 Baths 1,392 Sq Ft Garage/Carport: N/A
Built in 1917 Lot Size: ~.20 Acres Basement: N/A
Projected Completion Date: 10/4/2024

Property Calculations

  • Purchase Price: $128,000
  • Rent Range: $975-$1075
  • Rent Used In Calculations: $1,025
  • Annual Taxes: $350
  • Annual Insurance: $840
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,003
  • Annual Net Income (finance 20% 30yr): $3,026

Leveraged Cash-on-Cash

  • 1 Year: $3,026.01
  • 5 Year: $4,343.77
  • 15 Year: $8,237.17

Cap Rate

  • 1 Year: 7.81%
  • 5 Year: 8.80%
  • 15 Year: 11.82%

Capital Appreciation

  • 10 Year: $17,878
  • 20 Year: $48,826
  • 30 Year: $102,400