522 12th Ave NW, Decatur, AL

$173,000

Rent Rate: $1,265 | 9.12% ROI (leveraged)
3 Beds 1 Baths 1,117 Sq Ft Garage/Carport: 1-Car
Built in 1924 Lot Size: ~.15 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 3/6/2025

Property Calculations

  • Purchase Price: $173,000
  • Rent Range: $1215-$1315
  • Rent Used In Calculations: $1,265
  • Annual Taxes: $400
  • Annual Insurance: $828
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,586
  • Annual Net Income (finance 20% 30yr): $3,156

Leveraged Cash-on-Cash

  • 1 Year: $3,155.96
  • 5 Year: $4,812.47
  • 15 Year: $9,710.64

Cap Rate

  • 1 Year: 7.28%
  • 5 Year: 8.19%
  • 15 Year: 11.00%

Capital Appreciation

  • 10 Year: $24,163
  • 20 Year: $65,992
  • 30 Year: $138,400