611 5th Avenue Southwest, Decatur, AL

$170,000

Rent Rate: $1,275 | 9.69% ROI (leveraged)
3 Beds 2 Baths 1,534 Sq Ft Garage/Carport: N/A
Built in 1949 Lot Size: ~.20 Acres Basement: N/A
Projected Completion Date: Complete

Property Calculations

  • Purchase Price: $170,000
  • Rent Range: $1225-$1325
  • Rent Used In Calculations: $1,275
  • Annual Taxes: $600
  • Annual Insurance: $761
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $12,562
  • Annual Net Income (finance 20% 30yr): $3,296

Leveraged Cash-on-Cash

  • 1 Year: $3,295.68
  • 5 Year: $4,949.82
  • 15 Year: $9,838.98

Cap Rate

  • 1 Year: 7.39%
  • 5 Year: 8.32%
  • 15 Year: 11.18%

Capital Appreciation

  • 10 Year: $23,744
  • 20 Year: $64,847
  • 30 Year: $136,000