3745 Seaside Sparrow Cir, Bessemer, AL

$266,000

Rent Rate: $1,795 | $308 Monthly Cashflow
3 Beds 2 Baths 1,613 Sq Ft Garage/Carport: 2-Car
Built in 2023 Lot Size: ~.16 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $266,000
  • Rent Range: $1745-$1845
  • Rent Used In Calculations: $1,795
  • Annual Taxes: $2,473
  • Annual Insurance: $700
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $17,290
  • Annual Net Income (finance 25% 30yr): $3,697

Leveraged Cash-on-Cash

  • 1 Year: $3,697.13
  • 5 Year: $5,927.79
  • 15 Year: $12,641.26

Cap Rate

  • 1 Year: 6.50%
  • 5 Year: 7.32%
  • 15 Year: 9.83%

Capital Appreciation

  • 10 Year: $79,800
  • 20 Year: $159,600
  • 30 Year: $239,400