406 Forest Rd, Hueytown, AL

$174,000

Rent Rate: $1,315 | 10.90% ROI (leveraged)
3 Beds 2 Baths 1,200 Sq Ft Garage/Carport: N/A
Built in 1953 Lot Size: ~.32 Acres Basement: Unfinished
Projected Completion Date: Completed
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Property Calculations

  • Purchase Price: $174,000
  • Rent Range: $1265-$1365
  • Rent Used In Calculations: $1,315
  • Annual Taxes: $750
  • Annual Insurance: $963
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,278
  • Annual Net Income (finance 20% 30yr): $3,794

Leveraged Cash-on-Cash

  • 1 Year: $3,793.65
  • 5 Year: $5,504.56
  • 15 Year: $10,659.49

Cap Rate

  • 1 Year: 7.63%
  • 5 Year: 8.59%
  • 15 Year: 11.54%

Capital Appreciation

  • 10 Year: $52,200
  • 20 Year: $104,400
  • 30 Year: $156,600
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