7076 Springer Road, McCalla, AL

$185,500

Rent Rate: $1,450 | 9.47% ROI (leveraged)
4 Beds 2 Baths 1,988 Sq Ft Garage/Carport: N/A
Built in 1940 Lot Size: ~.94 Acres Basement: N/A
Projected Completion Date: 5/27/2024

Property Calculations

  • Purchase Price: $185,500
  • Rent Range: $1400-$1500
  • Rent Used In Calculations: $1,450
  • Annual Taxes: $1,300
  • Annual Insurance: $910
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $13,624
  • Annual Net Income (finance 20% 30yr): $3,513

Leveraged Cash-on-Cash

  • 1 Year: $3,512.81
  • 5 Year: $5,310.87
  • 15 Year: $10,614.77

Cap Rate

  • 1 Year: 7.34%
  • 5 Year: 8.27%
  • 15 Year: 11.11%

Capital Appreciation

  • 10 Year: $25,909
  • 20 Year: $70,760
  • 30 Year: $148,400