898 Fairview Dr, Arab, AL

$168,000

Rent Rate: $1,300 | $373 Monthly Cashflow
3 Beds 2 Baths 1,266 Sq Ft Garage/Carport: N/A
Built in 1963 Lot Size: ~.41 Acres Basement: N/A Plumbing: Sewer
Projected Completion Date: Complete!

Property Calculations

  • Purchase Price: $168,000
  • Rent Range: $1250-$1350
  • Rent Used In Calculations: $1,300
  • Annual Taxes: $787
  • Annual Insurance: $976
  • HOA Fees: 0
  • Property Management Fees: 5%
  • Annual Net Income (cash): $13,057
  • Annual Net Income (finance 25% 30yr): $4,473

Leveraged Cash-on-Cash

  • 1 Year: $4,472.52
  • 5 Year: $6,155.25
  • 15 Year: $11,224.65

Cap Rate

  • 1 Year: 7.77%
  • 5 Year: 8.75%
  • 15 Year: 11.76%

Capital Appreciation

  • 10 Year: $50,400
  • 20 Year: $100,800
  • 30 Year: $151,200