406 Forest Rd, Hueytown, AL

$174,000

Rent Rate: $1,350 | 12.05% 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
Download IPD Download Market File

Property Calculations

  • Purchase Price: $174,000
  • Rent Range: $1300-$1400
  • Rent Used In Calculations: $1,350
  • Annual Taxes: $750
  • Annual Insurance: $963
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,677
  • Annual Net Income (finance 20% 30yr): $4,193

Leveraged Cash-on-Cash

  • 1 Year: $4,192.65
  • 5 Year: $5,954.82
  • 15 Year: $11,264.60

Cap Rate

  • 1 Year: 7.86%
  • 5 Year: 8.85%
  • 15 Year: 11.89%

Capital Appreciation

  • 10 Year: $24,303
  • 20 Year: $66,373
  • 30 Year: $139,200
Call Now