51 County Road 452, Cullman, AL

$183,500

Rent Rate: $1,365 | 10.80% ROI (leveraged)
4 Beds 2 Baths 1,284 Sq Ft Garage/Carport: N/A
Built in 1900 Lot Size: ~1.5 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Completed!

Property Calculations

  • Purchase Price: $183,500
  • Rent Range: $1315-$1415
  • Rent Used In Calculations: $1,365
  • Annual Taxes: $655
  • Annual Insurance: $940
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,966
  • Annual Net Income (finance 20% 30yr): $3,964

Leveraged Cash-on-Cash

  • 1 Year: $3,963.83
  • 5 Year: $5,762.77
  • 15 Year: $11,184.60

Cap Rate

  • 1 Year: 7.61%
  • 5 Year: 8.57%
  • 15 Year: 11.51%

Capital Appreciation

  • 10 Year: $55,050
  • 20 Year: $110,100
  • 30 Year: $165,150