501 Avondale Ave, Sylacauga, AL

$117,000

Rent Rate: $880 | 10.90% ROI (leveraged)
2 Beds 2 Baths 899 Sq Ft Garage/Carport: N/A
Built in 1930 Lot Size: ~.10 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $117,000
  • Rent Range: $830-$930
  • Rent Used In Calculations: $880
  • Annual Taxes: $240
  • Annual Insurance: $865
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $8,927
  • Annual Net Income (finance 20% 30yr): $2,550

Leveraged Cash-on-Cash

  • 1 Year: $2,549.59
  • 5 Year: $3,699.72
  • 15 Year: $7,165.41

Cap Rate

  • 1 Year: 7.63%
  • 5 Year: 8.59%
  • 15 Year: 11.54%

Capital Appreciation

  • 10 Year: $35,100
  • 20 Year: $70,200
  • 30 Year: $105,300