560 Duncan Rd, Falkville, AL

$186,500

Rent Rate: $1,425 | 9.08% ROI (leveraged)
5 Beds 2 Baths 2,500 Sq Ft Garage/Carport: N/A
Built in 1984 Lot Size: ~.4 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: 4/30/2025

Property Calculations

  • Purchase Price: $186,500
  • Rent Range: $1375-$1475
  • Rent Used In Calculations: $1,425
  • Annual Taxes: $1,100
  • Annual Insurance: $907
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $13,554
  • Annual Net Income (finance 20% 30yr): $3,388

Leveraged Cash-on-Cash

  • 1 Year: $3,388.31
  • 5 Year: $5,176.06
  • 15 Year: $10,452.34

Cap Rate

  • 1 Year: 7.27%
  • 5 Year: 8.18%
  • 15 Year: 10.99%

Capital Appreciation

  • 10 Year: $55,950
  • 20 Year: $111,900
  • 30 Year: $167,850