6004 Dewey Heights Road, Pinson, AL

$227,500

Rent Rate: $1,700 | 10.00% ROI (leveraged)
4 Beds 2 Baths 1,502 Sq Ft Garage/Carport: 2-Car
Built in 1978 Lot Size: ~.38 Acres Basement: Partial
Projected Completion Date: Complete

Property Calculations

  • Purchase Price: $227,500
  • Rent Range: $1650-$1750
  • Rent Used In Calculations: $1,700
  • Annual Taxes: $1,500
  • Annual Insurance: $931
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $16,949
  • Annual Net Income (finance 20% 30yr): $4,548

Leveraged Cash-on-Cash

  • 1 Year: $4,548.49
  • 5 Year: $6,733.14
  • 15 Year: $13,313.51

Cap Rate

  • 1 Year: 7.45%
  • 5 Year: 8.39%
  • 15 Year: 11.27%

Capital Appreciation

  • 10 Year: $31,775
  • 20 Year: $86,781
  • 30 Year: $182,000