904 35th Ave, Tuscaloosa, AL

$147,000

Rent Rate: $1,125 | 9.54% ROI (leveraged)
3 Beds 2 Baths 1,206 Sq Ft Garage/Carport: N/A
Built in 1945 Lot Size: ~.18 Acres Basement: N/A
Projected Completion Date: 1/17/2025

Property Calculations

  • Purchase Price: $147,000
  • Rent Range: $1075-$1175
  • Rent Used In Calculations: $1,125
  • Annual Taxes: $795
  • Annual Insurance: $673
  • HOA Fees: 0
  • Property Management Fees: 9%
  • Annual Net Income (cash): $10,817
  • Annual Net Income (finance 20% 30yr): $2,804

Leveraged Cash-on-Cash

  • 1 Year: $2,804.36
  • 5 Year: $4,230.37
  • 15 Year: $8,440.93

Cap Rate

  • 1 Year: 7.36%
  • 5 Year: 8.28%
  • 15 Year: 11.13%

Capital Appreciation

  • 10 Year: $20,532
  • 20 Year: $56,074
  • 30 Year: $117,600