406 Forest Rd, Hueytown, AL

$172,000

Rent Rate: $1,275 | $336 Monthly Cashflow
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

Property Calculations

  • Purchase Price: $172,000
  • Rent Range: $1225-$1325
  • Rent Used In Calculations: $1,275
  • Annual Taxes: $750
  • Annual Insurance: $963
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,822
  • Annual Net Income (finance 25% 30yr): $4,033

Leveraged Cash-on-Cash

  • 1 Year: $4,032.63
  • 5 Year: $5,684.95
  • 15 Year: $10,662.91

Cap Rate

  • 1 Year: 7.45%
  • 5 Year: 8.39%
  • 15 Year: 11.28%

Capital Appreciation

  • 10 Year: $51,600
  • 20 Year: $103,200
  • 30 Year: $154,800