4286 Alderic Street (Lot 97), Tuscaloosa, AL

$255,700

Rent Rate: $1,750 | 6.48% ROI (leveraged)
3 Beds 2 Baths 1,340 Sq Ft Garage/Carport: 2-Car
Built in 2024 Lot Size: ~.15 Acres Basement: N/A
Projected Completion Date: Complete

Property Calculations

  • Purchase Price: $255,700
  • Rent Range: $1700-$1800
  • Rent Used In Calculations: $1,750
  • Annual Taxes: $2,075
  • Annual Insurance: $622
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $17,253
  • Annual Net Income (finance 20% 30yr): $3,315

Leveraged Cash-on-Cash

  • 1 Year: $3,315.37
  • 5 Year: $5,528.04
  • 15 Year: $12,222.61

Cap Rate

  • 1 Year: 6.75%
  • 5 Year: 7.59%
  • 15 Year: 10.21%

Capital Appreciation

  • 10 Year: $35,714
  • 20 Year: $97,538
  • 30 Year: $204,560