49 1st Ave SE, Graysville, AL

$159,500

Rent Rate: $1,220 | 9.46% ROI (leveraged)
3 Beds 2 Baths 1,112 Sq Ft Garage/Carport: N/A
Built in 1950 Lot Size: ~.13 Acres Basement: N/A
Projected Completion Date: 1/31/2025

Property Calculations

  • Purchase Price: $159,500
  • Rent Range: $1170-$1270
  • Rent Used In Calculations: $1,220
  • Annual Taxes: $650
  • Annual Insurance: $962
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,710
  • Annual Net Income (finance 20% 30yr): $3,016

Leveraged Cash-on-Cash

  • 1 Year: $3,016.41
  • 5 Year: $4,560.32
  • 15 Year: $9,118.69

Cap Rate

  • 1 Year: 7.34%
  • 5 Year: 8.26%
  • 15 Year: 11.11%

Capital Appreciation

  • 10 Year: $22,278
  • 20 Year: $60,842
  • 30 Year: $127,600