3407 Malabar Road, Montgomery, AL

$157,000

Rent Rate: $1,275 | 11.65% ROI (leveraged)
3 Beds 2 Baths 1,748 Sq Ft Garage/Carport: N/A
Built in 1979 Lot Size: ~.08 Acres Basement: N/A
Projected Completion Date: Complete

Property Calculations

  • Purchase Price: $157,000
  • Rent Range: $1225-$1325
  • Rent Used In Calculations: $1,275
  • Annual Taxes: $1,000
  • Annual Insurance: $707
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,216
  • Annual Net Income (finance 20% 30yr): $3,658

Leveraged Cash-on-Cash

  • 1 Year: $3,658.28
  • 5 Year: $5,268.99
  • 15 Year: $10,024.22

Cap Rate

  • 1 Year: 7.78%
  • 5 Year: 8.76%
  • 15 Year: 11.77%

Capital Appreciation

  • 10 Year: $21,929
  • 20 Year: $59,888
  • 30 Year: $125,600