419 Gladys St, Bessemer, AL

$169,000

Rent Rate: $1,275 | $334 Monthly Cashflow
3 Beds 2 Baths 1,272 Sq Ft Garage/Carport: N/A
Built in 1920 Lot Size: ~.53 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 9/30/2025

Property Calculations

  • Purchase Price: $169,000
  • Rent Range: $1225-$1325
  • Rent Used In Calculations: $1,275
  • Annual Taxes: $820
  • Annual Insurance: $1,065
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,650
  • Annual Net Income (finance 25% 30yr): $4,014

Leveraged Cash-on-Cash

  • 1 Year: $4,013.93
  • 5 Year: $5,644.67
  • 15 Year: $10,556.05

Cap Rate

  • 1 Year: 7.49%
  • 5 Year: 8.42%
  • 15 Year: 11.32%

Capital Appreciation

  • 10 Year: $50,700
  • 20 Year: $101,400
  • 30 Year: $152,100