4483 Middle St, Mulga, AL

$171,000

Rent Rate: $1,350 | 9.75% ROI (leveraged)
4 Beds 2 Baths 1,822 Sq Ft Garage/Carport: 2-Car
Built in 1910 Lot Size: ~.38 Acres Basement: N/A
Projected Completion Date: 1/21/2025

Property Calculations

  • Purchase Price: $171,000
  • Rent Range: $1300-$1400
  • Rent Used In Calculations: $1,350
  • Annual Taxes: $1,100
  • Annual Insurance: $986
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,656
  • Annual Net Income (finance 20% 30yr): $3,335

Leveraged Cash-on-Cash

  • 1 Year: $3,335.18
  • 5 Year: $5,005.66
  • 15 Year: $9,932.78

Cap Rate

  • 1 Year: 7.40%
  • 5 Year: 8.33%
  • 15 Year: 11.19%

Capital Appreciation

  • 10 Year: $23,884
  • 20 Year: $65,229
  • 30 Year: $136,800