601 2nd St S, Oneonta, AL

$158,000

Rent Rate: $1,250 | 11.71% ROI (leveraged)
3 Beds 2 Baths 1,370 Sq Ft Garage/Carport: N/A
Built in 1940 Lot Size: ~.6 Acres Basement: Unfinished Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $158,000
  • Rent Range: $1200-$1300
  • Rent Used In Calculations: $1,250
  • Annual Taxes: $985
  • Annual Insurance: $952
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $12,313
  • Annual Net Income (finance 20% 30yr): $3,701

Leveraged Cash-on-Cash

  • 1 Year: $3,700.78
  • 5 Year: $5,288.37
  • 15 Year: $10,069.02

Cap Rate

  • 1 Year: 7.79%
  • 5 Year: 8.77%
  • 15 Year: 11.79%

Capital Appreciation

  • 10 Year: $47,400
  • 20 Year: $94,800
  • 30 Year: $142,200