828 Clover Dr, Forestdale, AL

$183,500

Rent Rate: $1,450 | 10.73% ROI (leveraged)
3 Beds 2 Baths 2,028 Sq Ft Garage/Carport: 2-Car
Built in 1935 Lot Size: ~1.06 Acres Basement: N/A Plumbing: Septic
Projected Completion Date: Complete
Download IPD Download Market File

Property Calculations

  • Purchase Price: $183,500
  • Rent Range: $1400-$1500
  • Rent Used In Calculations: $1,450
  • Annual Taxes: $1,465
  • Annual Insurance: $1,126
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,939
  • Annual Net Income (finance 20% 30yr): $3,937

Leveraged Cash-on-Cash

  • 1 Year: $3,936.83
  • 5 Year: $5,735.26
  • 15 Year: $11,147.61

Cap Rate

  • 1 Year: 7.60%
  • 5 Year: 8.55%
  • 15 Year: 11.49%

Capital Appreciation

  • 10 Year: $55,050
  • 20 Year: $110,100
  • 30 Year: $165,150
Call Now