373 Old Central Plank Rd, Wetumpka, AL

$142,350

Rent Rate: $1,150 | 14.39% ROI (leveraged)
3 Beds 1 Baths 988 Sq Ft Garage/Carport: N/A
Built in 1956 Lot Size: ~.40 Acres Basement: N/A
Projected Completion Date: Completed!
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Property Calculations

  • Purchase Price: $142,350
  • Rent Range: $1100-$1200
  • Rent Used In Calculations: $1,150
  • Annual Taxes: $535
  • Annual Insurance: $719
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,856
  • Annual Net Income (finance 20% 30yr): $4,097

Leveraged Cash-on-Cash

  • 1 Year: $4,096.82
  • 5 Year: $5,623.69
  • 15 Year: $10,226.27

Cap Rate

  • 1 Year: 8.33%
  • 5 Year: 9.37%
  • 15 Year: 12.60%

Capital Appreciation

  • 10 Year: $19,882
  • 20 Year: $54,300
  • 30 Year: $113,880
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