373 Old Central Plank Rd, Wetumpka, AL

$142,350

Rent Rate: $1,125 | 11.49% 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: 9/19/2024

Property Calculations

  • Purchase Price: $142,350
  • Rent Range: $1075-$1175
  • Rent Used In Calculations: $1,125
  • Annual Taxes: $535
  • Annual Insurance: $719
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,031
  • Annual Net Income (finance 20% 30yr): $3,272

Leveraged Cash-on-Cash

  • 1 Year: $3,271.82
  • 5 Year: $4,724.68
  • 15 Year: $9,018.09

Cap Rate

  • 1 Year: 7.75%
  • 5 Year: 8.72%
  • 15 Year: 11.72%

Capital Appreciation

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