406 Forest Rd, Hueytown, AL

$174,000

Rent Rate: $1,275 | 9.59% 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: $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 20% 30yr): $3,338

Leveraged Cash-on-Cash

  • 1 Year: $3,337.65
  • 5 Year: $4,989.98
  • 15 Year: $9,967.93

Cap Rate

  • 1 Year: 7.37%
  • 5 Year: 8.29%
  • 15 Year: 11.15%

Capital Appreciation

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