3907 Midway Rd, Adamsville, AL

$172,000

Rent Rate: $1,335 | 9.23% ROI (leveraged)
3 Beds 2 Baths 1,272 Sq Ft Garage/Carport: N/A
Built in 1950 Lot Size: ~.31 Acres Basement: N/A
Projected Completion Date: 1/31/2025

Property Calculations

  • Purchase Price: $172,000
  • Rent Range: $1285-$1385
  • Rent Used In Calculations: $1,335
  • Annual Taxes: $970
  • Annual Insurance: $1,059
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,549
  • Annual Net Income (finance 20% 30yr): $3,174

Leveraged Cash-on-Cash

  • 1 Year: $3,173.87
  • 5 Year: $4,830.04
  • 15 Year: $9,715.50

Cap Rate

  • 1 Year: 7.30%
  • 5 Year: 8.21%
  • 15 Year: 11.04%

Capital Appreciation

  • 10 Year: $24,024
  • 20 Year: $65,610
  • 30 Year: $137,600