7810 Alliance Short Creek Rd, Mulga, AL

$153,000

Rent Rate: $1,200 | 9.22% ROI (leveraged)
4 Beds 2 Baths 1,464 Sq Ft Garage/Carport: N/A
Built in 1940 Lot Size: ~.46 Acres Basement: N/A
Projected Completion Date: 5/17/2024

Property Calculations

  • Purchase Price: $153,000
  • Rent Range: $1150-$1250
  • Rent Used In Calculations: $1,200
  • Annual Taxes: $1,100
  • Annual Insurance: $844
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $11,160
  • Annual Net Income (finance 20% 30yr): $2,820

Leveraged Cash-on-Cash

  • 1 Year: $2,820.32
  • 5 Year: $4,279.34
  • 15 Year: $8,619.23

Cap Rate

  • 1 Year: 7.29%
  • 5 Year: 8.21%
  • 15 Year: 11.03%

Capital Appreciation

  • 10 Year: $21,370
  • 20 Year: $58,363
  • 30 Year: $122,400