616 Bell St, Bessemer, AL

$140,000

Rent Rate: $1,115 | 8.96% ROI (leveraged)
3 Beds 1 Baths 1,154 Sq Ft Garage/Carport: N/A
Built in 1930 Lot Size: ~.11 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 3/27/2025

Property Calculations

  • Purchase Price: $140,000
  • Rent Range: $1065-$1165
  • Rent Used In Calculations: $1,115
  • Annual Taxes: $1,150
  • Annual Insurance: $886
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,140
  • Annual Net Income (finance 20% 30yr): $2,509

Leveraged Cash-on-Cash

  • 1 Year: $2,508.72
  • 5 Year: $3,849.12
  • 15 Year: $7,797.35

Cap Rate

  • 1 Year: 7.24%
  • 5 Year: 8.15%
  • 15 Year: 10.96%

Capital Appreciation

  • 10 Year: $42,000
  • 20 Year: $84,000
  • 30 Year: $126,000