432 Oak St, Bessemer, AL

$147,000

Rent Rate: $1,175 | 10.98% ROI (leveraged)
3 Beds 1 Baths 1,131 Sq Ft Garage/Carport: Carport
Built in 1950 Lot Size: ~.17 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 4/17/2025

Property Calculations

  • Purchase Price: $147,000
  • Rent Range: $1125-$1225
  • Rent Used In Calculations: $1,175
  • Annual Taxes: $1,375
  • Annual Insurance: $779
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $11,241
  • Annual Net Income (finance 20% 30yr): $3,228

Leveraged Cash-on-Cash

  • 1 Year: $3,228.36
  • 5 Year: $4,678.88
  • 15 Year: $9,043.70

Cap Rate

  • 1 Year: 7.65%
  • 5 Year: 8.61%
  • 15 Year: 11.57%

Capital Appreciation

  • 10 Year: $44,100
  • 20 Year: $88,200
  • 30 Year: $132,300