3749 Seaside Sparrow Cir Lot 13, Bessemer, AL

$290,000

Rent Rate: $2,100 | 7.99% ROI (leveraged)
4 Beds 2.5 Baths 1,601 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: $290,000
  • Rent Range: $2050-$2150
  • Rent Used In Calculations: $2,100
  • Annual Taxes: $2,896
  • Annual Insurance: $600
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $20,444
  • Annual Net Income (finance 20% 30yr): $4,637

Leveraged Cash-on-Cash

  • 1 Year: $4,636.75
  • 5 Year: $7,273.56
  • 15 Year: $15,211.43

Cap Rate

  • 1 Year: 7.05%
  • 5 Year: 7.93%
  • 15 Year: 10.66%

Capital Appreciation

  • 10 Year: $87,000
  • 20 Year: $174,000
  • 30 Year: $261,000