7457 Hitching Post Drive, Pinson, AL

$205,250

Rent Rate: $1,600 | 9.32% ROI (leveraged)
3 Beds 2 Baths 1,503 Sq Ft Garage/Carport: 1-Car
Built in 1981 Lot Size: ~.37 Acres Basement: Partial
Projected Completion Date: 5/17/2024

Property Calculations

  • Purchase Price: $205,250
  • Rent Range: $1550-$1650
  • Rent Used In Calculations: $1,600
  • Annual Taxes: $1,600
  • Annual Insurance: $857
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $15,015
  • Annual Net Income (finance 20% 30yr): $3,827

Leveraged Cash-on-Cash

  • 1 Year: $3,827.29
  • 5 Year: $5,809.04
  • 15 Year: $11,654.51

Cap Rate

  • 1 Year: 7.32%
  • 5 Year: 8.23%
  • 15 Year: 11.07%

Capital Appreciation

  • 10 Year: $28,668
  • 20 Year: $78,294
  • 30 Year: $164,200