3733 Seaside Sparrow Cir Lot 17, Bessemer, AL

$285,000

Rent Rate: $2,025 | 8.05% ROI (leveraged)
4 Beds 2 Baths 1,583 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.22 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!
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Property Calculations

  • Purchase Price: $285,000
  • Rent Range: $1975-$2075
  • Rent Used In Calculations: $2,025
  • Annual Taxes: $2,362
  • Annual Insurance: $600
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $20,123
  • Annual Net Income (finance 20% 30yr): $4,588

Leveraged Cash-on-Cash

  • 1 Year: $4,588.29
  • 5 Year: $7,182.28
  • 15 Year: $14,995.03

Cap Rate

  • 1 Year: 7.06%
  • 5 Year: 7.95%
  • 15 Year: 10.68%

Capital Appreciation

  • 10 Year: $85,500
  • 20 Year: $171,000
  • 30 Year: $256,500
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