579 Halston Rd, Arab, AL

$154,500

Rent Rate: $1,195 | 10.07% ROI (leveraged)
3 Beds 1 Baths 968 Sq Ft Garage/Carport: N/A
Built in 1987 Lot Size: ~.31 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: 4/30/2025

Property Calculations

  • Purchase Price: $154,500
  • Rent Range: $1145-$1245
  • Rent Used In Calculations: $1,195
  • Annual Taxes: $630
  • Annual Insurance: $885
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,534
  • Annual Net Income (finance 20% 30yr): $3,113

Leveraged Cash-on-Cash

  • 1 Year: $3,112.95
  • 5 Year: $4,633.25
  • 15 Year: $9,122.98

Cap Rate

  • 1 Year: 7.47%
  • 5 Year: 8.40%
  • 15 Year: 11.29%

Capital Appreciation

  • 10 Year: $46,350
  • 20 Year: $92,700
  • 30 Year: $139,050