706 Fink St NW, Decatur, AL

$184,000

Rent Rate: $1,325 | $374 Monthly Cashflow
3 Beds 2 Baths 1,395 Sq Ft Garage/Carport: N/A
Built in 1934 Lot Size: ~.08 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: 2/16/2026

Property Calculations

  • Purchase Price: $184,000
  • Rent Range: $1275-$1375
  • Rent Used In Calculations: $1,325
  • Annual Taxes: $300
  • Annual Insurance: $916
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,889
  • Annual Net Income (finance 25% 30yr): $4,486

Leveraged Cash-on-Cash

  • 1 Year: $4,486.41
  • 5 Year: $6,274.34
  • 15 Year: $11,665.90

Cap Rate

  • 1 Year: 7.55%
  • 5 Year: 8.50%
  • 15 Year: 11.42%

Capital Appreciation

  • 10 Year: $55,200
  • 20 Year: $110,400
  • 30 Year: $165,600